Financial Markets
Government shutdown delays data for Fed's October rate decision
AI에 의해 보고됨
A partial U.S. government shutdown starting October 1 has delayed key economic reports, including the September jobs data, complicating the Federal Reserve's upcoming interest rate decision. Markets overwhelmingly expect a 25 basis-point cut at the October 28-29 FOMC meeting, but uncertainty could lead to a surprise pause. High valuations in stocks and cryptocurrency heighten risks of market volatility.