Citigroup: Continued weakness in labor market data will prompt the Fed to cut interest rates in December, January, and March.

Odaily Planet Daily reports that Citigroup economists have written that despite warnings from the White House, October's CPI and employment data are still likely to be released in the coming days. The government shutdown has disrupted data collection, but Citigroup states that statistical agencies can ask retrospective questions in household employment surveys and use more estimation methods in inflation indicators. However, October's CPI data may be "less accurate than usual." Citigroup economists expect continued weakness in labor market data, which will prompt the Federal Reserve to cut interest rates in December, January, and March. (Jinshi)