No Govt No Reports. Oct 2025 Cut Still On ?
@JC888:
The Shutdown. With the US government shutdown officially taking effect from 01 Oct 2025, US central bank’s job just got a tad more difficult to manage during these ‘challenging’ times. Wall Street is still expecting 2 more interest cuts for 2025. Given the current impasse, is this even possible ? What’s Known So Far. For week ending 04 Oct 2025, there were 5 reports out, despite shutdown. They were : Jobs opening and labour turnover surveys (JOLTs). Consumer confidence. ADP non-payroll employment. S&P Global US Manufacturing PMI. S&P Global Final Services PMI. Jobs opening and Labour turnover surveys. US job openings increased marginally in August 2025 while hiring declined, consistent with lackluster labor market conditions that could allow the Fed to cut interest rates again this
