If the U.S. government shuts down in the near term, it could make the Federal Reserve hesitant to make another interest rate hike and dampen the dollar's recent rally, analysts said. la.
The US federal government is facing the possibility of having to partially shut down next Sunday if the US Congress cannot pass relevant funding legislation before then.
According to Edward Moya, senior market analyst at Oanda, the shutdown could lead to a delay in the release of inflation data, which will be a key number for US policymakers. Fed as it weighs whether to make another rate hike.
The US federal government is facing the possibility of having to partially shut down next Sunday if the US Congress cannot pass relevant funding legislation before then.
According to Edward Moya, senior market analyst at Oanda, the shutdown could lead to a delay in the release of inflation data, which will be a key number for US policymakers. Fed as it weighs whether to make another rate hike.
