Fed struggles to assess state of US economy as government shutdown shuts off key data
- Written by Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame
The shutdown has closed off some of the Fed’s key economic data taps. picture alliance/Getty ImagesWhen it comes to setting monetary policy for the world’s largest economy, what data drives decision-making?
In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal Open Market Committee, which usually meets...
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