Government Shutdown's Impact on Fed's December Meeting

Americas Economic Data Blackout: The Impact of the Government Shutdown - The U.S. economy faces uncertainty as a record-long government shutdown disrupts the collection and release of crucial economic data. With businesses already grappling with tariffs and rising consumer prices, the shutdown makes it challenging to gauge the labor markets health. While private sector data offers some insights, it cannot fully replace the comprehensive and consistent information provided by government agencies. The Federal Reserve prepares for its December meeting, weighing the potential impact of incomplete data on its decision to cut interest rates.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.