US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images
- A potential government shutdown would make the Federal Reserve’s job of setting monetary policy a lot harder.
- That’s because the release of certain economic data would be delayed while the government is closed.
- Lawmakers need to reach an agreement on spending by September 30 to avert a shutdown.
The Federal Reserve’s job of setting monetary policy will be a lot harder if Congress moves forward with a government shutdown.
That’s because a shutdown would delay the release of economic data from government agencies like the Bureau of Labor Statistics and the Bureau of Economic Analysis.
Congress has until September 30 to reach a spending agreement and avoid a shutdown. If a deal is not reached and the government shuts down, then certain…
