US President Donald Trump Signs 43-Day-Long Plan! The White House Makes Important Statement That the Fed Won't Like!

The US government shutdown, lasting 43 days and marking the longest in history, has ended with President Donald Trump signing a temporary funding bill. Federal operations and public services will resume, but key economic data releases, including the October Consumer Price Index (CPI) and employment report, face delays due to the shutdown's impact. Analysts, including Goldman Sachs, expect a sequential delay in macroeconomic data releases as the Bureau of Labor Statistics revises schedules. Uncertainty in policy and economic data credibility remains a concern.

5 days ago
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US President Donald Trump Signs 43-Day-Long Plan! The White House Makes Important Statement That the Fed Won't Like!

End of the Longest Government Shutdown in US History

The US government shutdown, which lasted for more than 40 days since the beginning of October, has finally come to an end. US President Donald Trump has officially signed a temporary funding bill, marking the end of the longest government shutdown in US history at 43 days. With the government’s operations resuming, budget implementation and public services are now set to restart, providing relief to affected federal employees and citizens.

Market Concerns Over Policy Uncertainty

Financial markets are anticipating a reduction in policy uncertainty as the government resumes operations. Additionally, investors are awaiting the renewed release of important economic data, which had been delayed during the shutdown. These uncertainties have left markets cautious, with analysts closely monitoring future developments.

Impact on Economic Data Release

According to NBC News, White House spokeswoman Karoline Leavitt stated during a briefing that essential economic data, including the October Consumer Price Index (CPI) and the employment report, will likely not be released. She added: 'Democrats have done lasting damage to the federal statistical system. The credibility of all future economic data has been shaken.'

Goldman Sachs’s View on Delayed Indicators

Goldman Sachs has echoed concerns over delayed economic indicators. They noted that releasing key macroeconomic indicators such as the October CPI will be challenging due to the ripple effects of the shutdown. Analysts from Goldman Sachs emphasized that normal operations, including data release schedules, will take time to be restored.

Future Economic Data Release Schedule

Analysts highlighted that the Bureau of Labor Statistics will need to announce a new schedule for issuing key economic data. As a result, the publication of other critical indicators is expected to be delayed in a sequential manner. While the October CPI was initially expected to be released today, the exact timing remains uncertain.

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