Bitunix analysts report that the Federal Reserve faces a “data blind spot” due to the ADP ceasing its reporting and the ongoing U.S. government shutdown. The ADP, known for providing critical employment data, has halted its reports, complicating the Fed’s ability to assess economic conditions. This situation emerges as the government shutdown deepens, further limiting access to relevant economic indicators. The combination of these factors may hinder the Fed’s decision-making process regarding monetary policy. Analysts express concerns that the lack of data could lead to challenges in understanding employment trends and overall economic health.
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Fed Enters Data Blind Spot as ADP Halts Reporting and Shutdown Deepens
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