๐จ JUST IN โ FED ON SHUTDOWN ๐จ
On Sept 30, Fedโs Collins said: even if the U.S. govt shuts down, the Federal Reserve keeps running.
โ Can print money if needed
โ Will manage banks
โ Will set interest rates
โก Message: โDonโt panic โ finance keeps moving.โ
๐ Key Takeaways:
1๏ธโฃ Fed is independent โ it funds itself, so shutdowns donโt freeze it.
2๏ธโฃ Risk: No fresh data = โblind spotsโ for rate decisions.
3๏ธโฃ Result: More market volatility ahead.
๐ฏ Bottom line:
The Fed stays strong, but political gridlock = uncertainty = opportunity for traders.