STARTRADER外汇：ADP停止供应，月底的政策会议决策越发困难

Core Insights - The Federal Reserve is facing an unprecedented data shortage ahead of its policy meeting on October 28-29, primarily due to the ongoing government shutdown, which has hindered access to critical official economic statistics [1][3] - A significant third-party employment data source, ADP, has ceased supplying data to the Federal Reserve, further complicating the already unclear economic landscape in the U.S. [3] Group 1: Data Shortage Impact - The government shutdown has resulted in a lack of key economic statistics, making it difficult for policymakers to make informed decisions regarding monetary policy [1] - The interruption of ADP's data supply exacerbates the situation, as employment data is a core consideration for monetary policy [3] Group 2: ADP's Data Supply Suspension - ADP has stopped providing aggregated management data to the Federal Reserve, citing its commitment to public service and the need to protect client confidentiality [3] - Efforts by Federal Reserve Chairman Jerome Powell to persuade ADP to resume data sharing have not yet been successful [3] - Powell has previously indicated that while private data sources cannot fully replace official statistics, ADP serves as a reasonable alternative in the employment data sector [3]