economic data, government shutdown
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Two weeks before the U.S. Federal Reserve's last meeting, with the federal government's data spigot closed, Atlanta Fed staff backstopped their view of the economy by analyzing how past surveys of business executives had aligned with employment,
The government shutdown delayed the October CPI inflation report indefinitely, as alternate gauges like the Cleveland Fed's inflation nowcast estimated 2.96% annual inflation.
WASHINGTON (AP) — The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the U.S. economy. The absence will be felt ...
The inflation report was delayed due to the government shutdown and the White House said there will likely be no report next month. But even before the shutdown, experts were sounding the alarm after President Trump fired the head of the Bureau of Labor Statistics,
Over in the bond market, the 10-year Treasury yield ( US10Y) rose 3 basis points to 4.11%, while the 2-year yield ( US2Y) rose 2 basis points to 3.60%. Investors are awaiting the results of a $25B, 30-Year Bond Auction.
Mary Daly, president of the Federal Reserve Bank of San Francisco, on the factors shaping the U.S. economy right now, whether the outlook is positive or negative, and the importance of Fed independence.
2don MSNOpinion
Trump’s flailing on the economy is worse than Biden’s
President Donald Trump’s recent commentary on the economy is drawing plenty of comparisons to then-President Joe Biden, but he seems to have a bigger political problem, for several reasons.