According to Odaily Planet Daily, the direction of the US government shutdown is becoming clearer, meaning Wall Street may soon see a large batch of key economic reports that have been delayed for more than a month. First up will be the September jobs data. Morgan Stanley economists estimate the September jobs report could be released as early as this Friday, but more likely early next week.

Furthermore, in the worst-case scenario, the October Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) price index may not be released at all. The PCE index is the Federal Reserve's preferred measure of inflation.

Another possibility is that the U.S. Bureau of Labor Statistics will attempt to piece together the inflation trend for the month. However, economists say the report's quality will be significantly compromised, and its release may be so late that it becomes almost meaningless.

The delayed release of the September jobs report and the absence of the October inflation report will leave the Federal Reserve lacking sufficient information to decide whether to cut interest rates for a third consecutive meeting. (Jinshi)