Thanks to the Democratic Party ‘s monthlong federal government shutdown , September’s consumer price index inflation report was not released until a week before November, and even then, the Labor Department only published the report from the defunct Bureau of Labor Statistics to figure out how much of a pay raise Social Security recipients will get in the coming year.
The unprecedented release of September’s shutdown-era CPI report was met with elation from the White House and outright ecstasy from Wall Street, with all three major American stock indices closing at a record-shattering high in anticipation of the Federal Reserve slashing the federal funds rate by a second consecutive 25 basis points. In fact, Treasury futures now safely expect that we’ll get three more rate cuts in

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