Federal Reserve expected to cut interest rates amid government shutdown
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The Federal Reserve is anticipated to announce a cut in interest rates today, despite the lack of government data due to the ongoing shutdown.
Federal Reserve expected to cut interest rates amid government shutdown
The Federal Reserve is anticipated to announce a cut in interest rates today, despite the lack of government data due to the ongoing shutdown.
Most of the information the central bank receives to monitor inflation and the jobs market is not being released because of the government shutdown. However, the Federal Reserve is still expected to cut its key interest rate. The central bank could also signal another cut in December. The shutdown impacted the release of October’s jobs report, which has been postponed, but the White House said this month’s inflation figure may not even be compiled. In the meantime, hiring. Has plummeted, but inflation remains elevated. The economy’s mostly solid growth is largely dependent on investment by leading tech companies in artificial intelligence infrastructure. The government shutdown could also hurt the economy in the coming months, depending on how much longer it lasts. About 750,000 federal workers are inching even closer to one month without pay, which could further weaken consumer spending in Washington, I’m Rachel Herzheimer.
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Federal Reserve expected to cut interest rates amid government shutdown
The Federal Reserve is anticipated to announce a cut in interest rates today, despite the lack of government data due to the ongoing shutdown.
Updated: 6:42 AM CDT Oct 29, 2025
The Federal Reserve is expected to cut its key interest rate on Wednesday, even as the government shutdown prevents the release of crucial economic data. Most of the information the central bank receives to monitor the jobs market and inflation is not being released because of the shutdown. The central bank is poised to make another cut in December.The shutdown has impacted the release of October’s jobs report, which has been postponed, and the White House said this month’s inflation figure may not even be compiled. In the meantime, hiring has plummeted, but inflation remains elevated. The economy’s mostly solid growth is largely dependent on investment by leading tech companies in artificial intelligence infrastructure.The government shutdown could also hurt the economy in the coming months, depending on how long it lasts. About 750,000 federal workers are inching closer to one month without getting paid, which could further weaken consumer spending.Keep watching for the latest from the Washington News Bureau:
The Federal Reserve is expected to cut its key interest rate on Wednesday, even as the government shutdown prevents the release of crucial economic data.
Most of the information the central bank receives to monitor the jobs market and inflation is not being released because of the shutdown. The central bank is poised to make another cut in December.
Advertisement
The shutdown has impacted the release of October’s jobs report, which has been postponed, and the White House said this month’s inflation figure may not even be compiled.
In the meantime, hiring has plummeted, but inflation remains elevated. The economy’s mostly solid growth is largely dependent on investment by leading tech companies in artificial intelligence infrastructure.
The government shutdown could also hurt the economy in the coming months, depending on how long it lasts. About 750,000 federal workers are inching closer to one month without getting paid, which could further weaken consumer spending.
Keep watching for the latest from the Washington News Bureau:
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