by: xpoolPosted on:

Government Shutdown Threatens Fed Rate Decision, Could Lead to Pause in December

Uncertainty surrounding the ongoing U.S. government shutdown and its impact on economic data releases may influence the Federal Reserve’s decision regarding interest rates next month. Experts at First Abu Dhabi Bank, Simon Ballard and Al Maha Al Nuaimi, warn that this uncertainty makes it difficult to accurately predict the economic outlook, potentially leading the Fed to hold off on rate cuts in December.

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