Is US government shutdown affecting the state's economy?| Vantage on Firstpost | N18G

The US government shutdown led a major economical and financial flashpoint for the Americans as it entered its second day. With the rise of poor jobs and job cutting the US has seen a major decline with money markets struggling. The shutdown created uncertainty among major sectors.

At the same time, the U.S. dollar faces growing pressure. A prolonged shutdown may prompt the Fed to cut rates, weakening the currency further. Under the Trump administration major federal layoffs weaken the country’s economical crisis. See More