View full page at metalsmine.com

 

The Fed has a big decision to make without key data. Here's what it could do.

From morningstar.com

The government shutdown has cut off economic data, just as weak job numbers and strong GDP growth present a puzzle for the central bank "The puzzle is less complete, and they will have to use their judgements to fill the gaps," one economist said of the Fed's upcoming decision on interest rates. As they prepare to meet in 10 days on interest rates, Federal Reserve officials are very divided over a key question: How worried they ought to be about the U.S. labor market. "Some folks are less concerned about the downside to the labor [market], and then others are very, very concerned. That's driving differences ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis