Based on Criptonoticias, the U.S. federal government has been partially shut down for 35 days, delaying the release of key economic data and affecting the Federal Reserve's monetary policy decisions. The shutdown has also slowed the approval process for several cryptocurrency ETFs. The Federal Reserve is now making decisions without access to essential macroeconomic indicators, including employment reports, CPI, and retail sales data. Analyst André Chalegre notes that while past shutdowns have not had long-term negative effects on risk assets, the current situation is more complex due to labor market fragility and the Fed's reliance on data. The CME Group estimates a 68% chance of a rate cut at the Fed's next meeting on December 10. Meanwhile, the SEC's review of crypto ETFs has also been delayed due to staffing shortages.
U.S. Government Shutdown Affects Fed Policy and Crypto ETF Approvals
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