The U.S. government shutdown has led to a suspension of critical economic data releases, including GDP, jobs, and inflation reports. This disruption forces global central banks and finance ministries to depend on incomplete private indicators, heightening the risk of misaligned policy decisions and market volatility. Officials such as Bank of Japan Governor Kazuo Ueda and Bank of England’s Catherine Mann have expressed concerns over the potential impact on global economic stability.
With the U.S. contributing approximately $30 trillion to global economic output, the absence of official data is expected to affect global growth forecasts and market confidence. The shutdown's ripple effects underscore the interconnectedness of global economies and the importance of reliable economic data for informed policy-making.
U.S. Government Shutdown Halts Key Economic Data, Impacting Global Policy
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