The government shutdown is likely to cement additional Fed interest rate cuts
CNBC·2025-10-01 18:07
Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee at the Federal Reserve on September 17, 2025 in Washington, DC.If any doubts remained about whether the Federal Reserve will be lowering its key interest rate later this month, the budget loggerheads a few blocks away in the nation's capital may have cemented the move.Particularly if the impasse stretches out past a few days, Chair Jerome Powell and his fellow central bankers ...