Reported about 12 hours ago
The Federal Reserve is set to convene for a policy meeting amid a government shutdown that has halted vital economic data releases, raising concerns among policymakers. With employment data on hold since October 1, hints of sluggish job growth and rising inflation complicate the Fed's decision-making. While financial markets anticipate a potential rate cut, the lack of key economic indicators, particularly from the labor market, leaves officials feeling 'blind' to the actual economic conditions, making their forthcoming decisions uncertain.
Source: YAHOO