Skip to playerSkip to main content
  • 2 months ago
Prediction markets have pushed the likelihood of a U.S. government shutdown to around 70 percent, reflecting deepening skepticism about last-minute funding.

Category

📺
TV
Transcript
00:00Prediction markets have pushed the likelihood of a U.S. government shutdown to around 70 percent,
00:05reflecting deepening skepticism about last-minute funding deals.
00:09If a shutdown begins October 1st, critical economic releases, like the upcoming September jobs report,
00:15could be delayed, complicating the Federal Reserve's monetary policy choices.
00:20While core services and national security operations would continue,
00:24many federal employees would face furloughs and non-essential programs may be halted.
00:29Markets are bracing for volatility, although historically equities have shown surprising resilience during past shutdowns.
Be the first to comment
Add your comment

Recommended