Fed Goes “Data Blind”: U.S. Government Shutdown Blocks Access to Key Employment Stats
The Federal Reserve just hit a major visibility roadblock.
Due to the ongoing U.S. government shutdown, the Fed has reportedly lost access to private employment data, limiting its ability to assess labor market strength — a crucial input for future interest rate decisions.
🔍 Why This Matters:
The Fed depends heavily on employment data (like payroll numbers and job openings) to balance inflation control with economic growth.
Without this data:
Rate decision clarity drops — expect more cautious or delayed policy signals.
Market volatility may rise as traders speculate on incomplete information.
Dollar and bond markets could experience short-term swings as uncertainty grows."
