The government shutdown entered its 16th day Thursday with no end in sight, tying it for the fourth-longest federal work stoppage in US history.
Jerome Powell calmed the fraying nerves of investors yesterday as he set a more dovish tone than expected on monetary policy and the easing of rates.
Jerome Powell appears to be implying that another rate cut is possible at the Fed's next meeting on Oct. 28-29.
Government shutdowns all end eventually. The only question is how.
Treasury Secretary Scott Bessent said he still expects Presidents Donald Trump and Xi Jinping will meet, while warning that all options are open.
The first week of a government shutdown is usually the easy one. It only gets harder after that.
As Washington braces for yet another government shutdown, leading economists are offering their perspectives.
