Market Compass: Powell's Monetary Policy Signals Amid Government Shutdown
As the US government shutdown halts economic data releases, the upcoming remarks by Fed Chair Powell and the FOMC meeting minutes have become key clues for the future direction of financial markets. With September employment data delayed, market participants are in an information vacuum, awaiting the Federal Reserve's interest rate decision on October 29, and are currently pricing in about a 90% probability of a 25bp rate cut.
**The Importance of Policy Signals Amid Economic Data Gaps**
Due to the government shutdown del
View OriginalAs the US government shutdown halts economic data releases, the upcoming remarks by Fed Chair Powell and the FOMC meeting minutes have become key clues for the future direction of financial markets. With September employment data delayed, market participants are in an information vacuum, awaiting the Federal Reserve's interest rate decision on October 29, and are currently pricing in about a 90% probability of a 25bp rate cut.
**The Importance of Policy Signals Amid Economic Data Gaps**
Due to the government shutdown del