US Fed Rate Cut Live: All eyes on Jerome Powell as interest rates, quantitative tightening take center stage
US Fed Rate Cut Live: Government shutdown stalls key economic data, leaving Fed without critical indicators
The ongoing government shutdown has disrupted the flow of crucial economic data that the Federal Reserve depends on to monitor employment, inflation, and overall economic performance. The September jobs report, initially scheduled for release three weeks ago, remains on hold. The upcoming hiring data for October, expected on November 7, is also likely to face delays and may be less detailed once published. Furthermore, the White House has indicated that the October inflation report might not be released at all.