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The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown

The Fed would be 'flying blind' on interest rate decisions after a government shutdown

An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C.

Andrew Harrer | Bloomberg | Getty Images

A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you might think, according to Bank of America.

Not only would the shutdown potentially slow down the economy and make a rate hike the wrong move, but a long impasse would mean…


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Saquon Barkley ruled out Thursday vs. San Francisco

Saquon Barkley ruled out Thursday vs. San Francisco

Sunak’s net zero U-turn is so toxic that it’s united Green MPs and car manufacturers against him | Caroline Lucas