Reported about 4 hours ago
President Trump has been advocating for aggressive rate cuts from the Federal Reserve to stimulate the economy; however, the ongoing government shutdown has disrupted the release of key economic data necessary for the Fed's decision-making. This situation may lead the Fed to exercise caution in rate cuts, potentially undermining Trump's economic objectives. Without reliable data, policymakers may hesitate to lower rates further, despite pressure for a quarter-point cut. The implications of the shutdown create uncertainty in the economic landscape, posing challenges for future actions by the Fed.
Source: YAHOO