Federal Reserve Interest Rates: Uncertainty Rises as Shutdown Impacts Economic Outlook

Investor sentiment is cautious as the Federal Reserve prepares its October decision on interest rates, facing a backdrop of economic uncertainty fueled by the ongoing partial government shutdown. This shutdown, halting essential services including the Bureau of Labor Statistics, has impacted critical labor market data and the Fed’s ability to make informed monetary policy decisions. With crucial employment indicators unavailable, the impact on rate cuts remains unclear. 🧐