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Fed struggles to assess state of US economy as government shutdown shuts off key data

  • Written by Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame
Fed struggles to assess state of US economy as government shutdown shuts off key dataThe shutdown has closed off some of the Fed’s key economic data taps. picture alliance/Getty Images

When it comes to setting monetary policy for the world’s largest economy, what data drives decision-making?

In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the Federal Open Market Committee, which usually meets...

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