pull down to refresh
don't think OP means in a practical/paying-bills sort of way...?
reply
Maybe not primarily, but that's how I took the final question.
reply
I think a shutdown increases the probability of a rate cut because Powell can't say we are worried about the labor market overheating, wages are outpacing inflation, etc etc
I wish he would say: the job market in the private sector is strong ergo no rate cut lol
reply
“The Federal Reserve is not federal and it doesn’t have a reserve.”
reply
I've heard the Fed is not affected by shutdowns in the same way, so I doubt they're prevented from dropping rates.