US shutdown may delay economic data, leaving Fed to rely on existing projections

It has been almost seven years since the US saw its last government shutdown , a record-setting fight during Donald Trump’s first term. Since then, the cycle has been familiar: political brinkmanship, eleventh-hour compromises, and markets largely shrugging it off. But this round looks different. Yahoo Finance notes the odds of a shutdown starting just after midnight on October 1 are high, and the fallout may hit harder than investors are used to.

Lawmakers look holding their ground, with President Trump and Republicans on one side. The Democrats, on the other hand, are pushing to extend healthcare subsidies to keep Obamacare-related insurance premiums in check. Neither camp seems in the mood to blink, raising the odds of a partial shutdown just after midnight on October 1.

White Hou