Fed Expects Shutdown Impact to Be Temporary, Fading Next Quarter - Cook

NAMPA / Sputnik

2025-11-03

WASHINGTON, November 3 (RIA Novosti) - The Federal Reserve expects the impact of the shutdown to be temporary and believes the effects will fade in the quarter that follows, Federal Reserve Governor Lisa Cook said in Monday. Cook said the government shutdown is likely to weigh on activity this quarter, reducing public output and spilling over into the private sector through delayed payments, permits, and contracts — with some small businesses at......

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