Chicago Federal reservation President Austan Goolsbee said on Tuesday that the Central Bank will examine the alternative data sources to take into account the October meeting if the nearby economic data is not released as planned due to a possible government closure.

The Government is expected to close at 12:01 AM Wednesday if the Congress does not approve a financing extension. The chamber has approved a continuous resolution, but efforts have stopped in the Senate, as Democrats press the continuous funding of the expiration of health subsidies. The Department of Labor would be included and said that it would stop all It releases economic data In case of partial stoppage.

“The Office of Labor Statistics is the best data source we have,” Goolsbee told Edward Lawrence at Edward Lawrence in Fox Business Network in an exclusive interview. “I am sorry that we do not receive official statistics at a time when we try to find out is the transition economy.”

The partisan stop threatens crucial economic data, leaving fed and families in the dark

The President of the Chicago Federal Reserve, Austan Goolsbee, during a television interview at the Jackson Hole Economic Policy Symposium in Moran, Wyo., August 21, 2025. (David Paul Morris / Bloomberg through Getty Images / Getty Images)

It is expected that the Work Statistics Office of the Labor Department will publish data on initial claims without work Thursday and September Non -agricultural payroll On Friday. The September Consumer Price Index, a wide measure of the number of daily products such as gasoline, groceries and rental cost, is scheduled for publication on October 15.

Inflation remained stubbornly high in August as the Fed weighs the rate cuts

The Department of Labor will publish the Consumer Price Index of September 15. (Frederic J. Brown / AFP through Getty Images / Getty Images)

The next Fed policy meeting is scheduled for October 28-29.

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The next meeting of the Open Market Federal Committee is scheduled from October 28 to 29. (Nathan Howard / Bloomberg / Getty Images)

“Recently the Fed Chicago introduced the laboratory The indicators and what is one of the different data sources, some of which are the official data, but many of which are private sector and make a real -time forecast of what would be the next unemployment rate, “said Goolsbee.

“Therefore, we will support ourselves very much in our estimates of recruitment rates, our layoffs and other estimates of separate rates and in our unemployment rate now if we cannot obtain the official data.”