美联储再遭“断供”！薪资服务机构ADP停止向其提供私营部门劳动力就业数据

Core Points - The U.S. government shutdown has led to a significant disruption in the availability of official economic data, creating an information gap for the Federal Reserve [1] - ADP Research, a payroll service provider, has ceased supplying employment data that covers approximately 20% of the private sector workforce to the Federal Reserve as of August 28 [1] - The Federal Reserve is facing challenges in assessing the labor market due to the lack of real-time data, especially with an upcoming meeting on October 28-29 to discuss potential interest rate cuts [1] Group 1 - The government shutdown has resulted in federal statistical agencies significantly halting the release of economic data, further complicating the Federal Reserve's understanding of the employment market [1] - ADP's data interruption diminishes the Federal Reserve's ability to gauge real-time employment conditions, which is critical for policy decisions [1] - Federal Reserve Chair Powell has previously emphasized the importance of ADP data as a supplementary source to official statistics for improving real-time employment assessments [1] Group 2 - The current economic situation presents a dilemma for the Federal Reserve, as the labor market shows signs of weakness while core inflation pressures remain persistent [1] - Powell indicated that private data should complement official data, but prolonged government shutdowns could lead to the Federal Reserve missing key data points, complicating policy judgments [1]