A government shutdown “complicates the Fed’s path”: Strategist

Government Shutdown Impact - The duration of the government shutdown is unpredictable, influencing its overall impact [1] - Government shutdowns are typically short-lived due to political pressure, but current circumstances present increased risk [1] - The shutdown will delay the release of the jobs report [1] Federal Reserve (The Fed) Policy - The shutdown complicates the Fed's path towards potentially cutting interest rates two more times by the end of the year [2] - The Fed will have access to fewer data series, impacting their decision-making process [2] - The Fed will rely on private data sources to assess the September job situation and inflation [2][3] - The Fed might proceed on a pre-set course, potentially implementing another rate cut at the end of October [3]