Fed expected to cut interest rates as shutdown clouds economic picture
Share this @internewscast.com


NEW YORK — As the federal government shutdown stretches into its fourth week, all eyes turn to the Federal Reserve, which is set to reveal its latest decision on interest rates this Wednesday.

The ongoing shutdown has interrupted the release of crucial economic data that typically informs the Fed’s rate-setting process, leaving policymakers to navigate without the usual flow of market statistics and reports.

With the job market showing signs of slowing, investors are anticipating the Fed might announce a rate cut for the second time this year. However, given the scarcity of current data, experts suggest that the Fed could choose a more cautious approach.

You May Also Like

Discover the 2025 CMA Awards: Full List of Winners Revealed

Explore the standout victories and unforgettable highlights from the 59th Annual CMA…

Essential Tips for Studying Abroad: Anticipating Challenges Before and After Your Journey

After two semesters in northern Thailand, Sarah Jongsma returned to her hometown…

Honoring a Legacy: A Tribute to Former Vice President Dick Cheney

Former Presidents Joe Biden and George W. Bush are anticipated to be…

Embrace the Misty Morning: Mild Weather and Weekend Rain Predictions Ahead!

Patchy fog is expected to linger until about 9 a.m. this morning,…

Israeli Airstrikes in Gaza Result in 33 Fatalities, Marking One of the Deadliest Incidents Since Ceasefire Commencement

DEIR EL-BALAH – Early Thursday, two Israeli airstrikes in the southern Gaza…

SeaWorld Orlando Launches Groundbreaking Indoor Suspended Dark Ride Experience

ORLANDO, Fla. – SeaWorld Orlando is setting the stage for a thrilling…

Zoo Knoxville Celebrates Arrival of First Gorilla Born Since 2016

Zoo Knoxville is abuzz with excitement as they welcome a new addition…

Honoring Dick Cheney: Bipartisan Leaders Unite in Tribute, Trump Opts Out

WASHINGTON – On Thursday, Washington National Cathedral will serve as the setting…

FAA Offers $10K Incentives for Controllers and Technicians with Perfect Attendance During Shutdown

In a recent announcement, it was revealed that only 776 out of…

Japan’s Global Exports Surge Despite Decline in US Trade Amid Tariff Impacts

Japan’s global trade landscape showed a modest yet notable shift in October,…

Commissioners Greenlight Additional $2.64 Million for Jane Doe Settlement

JOHNSON CITY, Tenn. (WJHL) — In a decisive move, the Johnson City…

Historic Rate Increase: Florida Power & Light’s Record-High Hike and Its Impact on Your Bills

JUNO BEACH, Fla. – In a landmark decision on Thursday, the Florida…