The U.S. government shutdown may lead the Federal Reserve to pause interest rate cuts in December

According to Jinshi News, Simon Ballard and Almaha Alnuaimi from First Abu Dhabi Bank stated that the U.S. government shutdown and the interruption of official economic data releases have made the outlook more complex and unclear, potentially leading the Federal Reserve to pause interest rate cuts in December. Analysts pointed out that the uncertainty brought about by the government shutdown may strengthen the Federal Reserve's rationale for "hitting the pause button" in December.