The release date for the U.S. September CPI report has been set! October 24, nine days later than originally scheduled.

The release date for the U.S. September CPI report has been set! October 24, nine days later than originally scheduled.

```

The U.S. Department of Labor, during the ongoing federal government shutdown, has recalled some staff to compile a key consumer inflation report.

On Friday local time, according to media reports citing a White House official, the Bureau of Labor Statistics (BLS) under the U.S. Department of Labor will "immediately resume" work on the September Consumer Price Index (CPI) data. According to the BLS, the report will be released at 8:30 a.m. Eastern Time on October 24, which is 9 days later than the originally scheduled date of October 15.

The Department of Labor had previously suspended work related to the CPI report according to the shutdown contingency plan. The CPI tracks changes over time in the prices of a broad basket of goods and services. However, the U.S. Social Security Administration needs the third quarter CPI data to calculate and announce the annual cost-of-living adjustment (COLA) before November 1. Typically, shortly after the BLS releases the September CPI, the Social Security Administration announces the COLA adjustment.

Due to the federal government shutdown caused by a funding interruption, other releases from the Bureau of Labor Statistics, including the nonfarm payrolls report, have also not been published as originally scheduled.

This Thursday, the U.S. Senate failed for the seventh time to pass a spending bill, causing the government shutdown that began last week to continue.

The latest September CPI release also comes just before the Federal Reserve's FOMC policy meeting on October 28-29. Investors generally expect Fed officials to cut interest rates again, but some policymakers remain cautious because inflation is still significantly above the target level.

Risk Disclaimer and TermsThe market involves risks, and investment should be made with caution. This article does not constitute personal investment advice and does not take into account individual users' specific investment objectives, financial situations, or needs. Users should consider whether any opinions, views or conclusions in this article are appropriate for their particular circumstances. Investing based on this is at your own risk. ```