Government shutdown could be an 'irritant' for Fed: Strategist▼

Business

Published 72d ago

<p>A government shutdown is looking increasingly likely. One of the things a shutdown could impact is the release of economic data. AGF Investments Chief U.S. Strategist Greg Valliere says that given how data dependent the Federal Reserve is, a shutdown could prove to be an &quot;irritant&quot; for the central bank, adding that it would be &quot;a great annoyance&quot; to the Fed if it were unable to get the September jobs or CPI reports. The Bulwark Editor-at-Large Bill Kristol points out that &quot;these are real government programs that are going to stop,&quot; citing the impacts to aid programs for women and children and national parks. Kristol also says that blame for a shutdown would be on Republicans, &quot;Biden, the Democratic majority in the Senate, they have done nothing to provoke this.&quot;</p> Source