Fed cuts key rate again
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The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding past the end of the federal fiscal year on September 30.
Learn about economic conditions, key indicators like GDP and inflation, and their impact on investments. Explore strategies for navigating economic cycles effectively.
Contingency plans released by the Departments of Commerce and Labor in recent days confirm that the publication of economic indicators will be postponed for the duration of a shutdown. That includes the Bureau of Labor Statistics, which is housed within ...
The Fed considers information from a variety of sources in setting monetary policy, everything from anecdotal reports to original data produced by its regional Reserve Banks. But the loss of public, and apparently some private,
The government shutdown has left policymakers flying blind at a crucial moment for the US economy. Federal Reserve officials are preparing to decide in late October whether to keep lowering interest rates or hold them steady — but they’ll have to do so with limited fresh data.
The rate cut could gradually reduce costs for mortgages, credit cards, auto loans, and business borrowing, offering some relief to consumers and companies.
Better reports a government shutdown has caused a data blackout, hindering economic predictions and creating mortgage rate volatility for borrowers.
See what 15 key economic indicators have to say about the overall slow growth of the electrical construction market.
The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding past the end of the federal fiscal year on September 30.