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A U.S. shutdown could blur economic picture for traders and Fed
The Federal Reserve is keeping a close eye on economic data as it “assesses the appropriate path” for monetary policy, but the central bank and traders in financial markets may find their vision blurred if Washington gridlock spurs yet another government shutdown later this month. Previous closure episodes -- most recently the one that ended in late January -- have caused disruptions to the release of major economic indicators such as the gross domestic product report and trade figures. With temporary funding measures due to expire Nov. 21, there’s a risk that could happen again if lawmakers and the ... (full story)