Government shutdown disrupts economic data, impacts Fed decisions

Data Disruption Due to Government Shutdown

Investors face uncertainty as the government shutdown disrupts key economic data. Marta Norton from Empower highlights that the Federal Reserve’s decision-making may be impacted, particularly concerning inflation trends.

Inflation Trends and Rate Cuts

Norton warns that if inflation continues to decline, the Fed may implement more rate cuts than previously anticipated in 2024. This development could significantly influence market dynamics and investor strategies.