The U.S. government is on track to end the shutdown after the Senate approved a temporary budget agreement. This agreement will fund the government until January 30, 2026, and is expected to be passed by the House soon. Below are some updates on this situation ¹ ²:

- *Content of the agreement*: The agreement will provide funding for essential agencies such as the Department of Agriculture and Congress for the entire year, while other agencies will be funded temporarily until the end of January 2026.

- *Market reaction*: U.S. financial markets are anticipating a rate cut after the government reopens. Treasury bond yields have decreased, and U.S. stocks are recovering.

- *Fed's decision*: The Fed will have more data to make clearer decisions about interest rates in the December meeting. Some Fed officials believe that a rate cut is necessary to prevent an economic downturn.

- *Economic impact*: The reopening of the government will help restore administrative operations and release economic data, thereby strengthening business and investor confidence.

However, there are still unresolved issues, such as tax credits in the ACA healthcare program, which may be voted on separately in December ¹.