Currency Markets

Bi

US government shutdown impacts federal data and markets

October 02, 2025 An Ruwaito ta hanyar AI Hoton da AI ya samar

A US government shutdown began on October 1, 2025, hindering the Federal Reserve's access to key economic data amid considerations for interest rate cuts. The event has led to a decline in the dollar, positioning it for its worst annual drop in 22 years, while prediction markets forecast the shutdown lasting nearly two weeks. Investors have turned to bitcoin as a safe haven, driving its price higher.