The government shutdown has triggered a 'data standstill', complicating the Federal Reserve's policy-making process.

The 'data standstill' caused by the government shutdown is making the Federal Reserve's policy-making work increasingly complex. The longer the budget dispute lasts, the higher the risk of data interruption—currently, the Bureau of Labor Statistics is unable to release the September employment report, and key CPI inflation data has also been forced to be postponed.

Without benchmark data support, Federal Reserve officials find it difficult to accurately grasp labor market trends and price dynamics at critical junctures that require policy adjustments. Against this backdrop, from a risk management perspective, the reasons for lowering interest rates are becoming increasingly hard to refuse. $BTC #现货黄金创历史新高 $ETH #币安HODLer空投2Z $SOL #Token2049新加坡