On October 1, Citigroup economists stated that the Fed may cut interest rates by 25 basis points in both October and December, as reflected in its dot plot. A government shutdown could prevent the release of key employment and inflation data, forcing investors to rely more on data sources from private institutions like ADP.
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Viewpoint: If the Fed lacks data, it may continue to cut interest rates.
On October 1, Citigroup economists stated that the Fed may cut interest rates by 25 basis points in both October and December, as reflected in its dot plot. A government shutdown could prevent the release of key employment and inflation data, forcing investors to rely more on data sources from private institutions like ADP.