The U.S. Labor Department has released an emergency plan for government shutdowns, suspending all operations during the shutdown.

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On September 29, the U.S. Bureau of Labor Statistics announced an emergency plan for government shutdowns, pausing all operations and not releasing economic data during the shutdown period. Currently, U.S. lawmakers are inclined to force a federal government shutdown, which may prevent policymakers, business leaders, and investors from obtaining the key data needed to assess the state of the U.S. economy. Stephen Stanley, chief economist at Santander U.S. Capital Market, stated that the Fed's next meeting will take place from October 28 to 29, and without the latest government data, it will be difficult to justify another rate cut. Some officials have taken a cautious stance on this, hoping to see more data. Neil Bradley, chief policy officer at the U.S. Chamber of Commerce, stated that a government shutdown will not push the U.S. economy into recession, but it will come at a cost and add to the uncertainties that businesses and business leaders are already facing. ( Jin10 )

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