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What’s the Final Economic Impact of the Record US Government Shutdown?
The shutdown has added to economic challenges such as sluggish hiring and stubbornly elevated inflation. Uncertainty around the release of October jobs and consumer price index data adds uncertainty at a time when the Federal Reserve already faces a contested interest rate decision next month. US 4Q GDP is seen being reduced several tenths of 1% because of the shutdown though much of this should be made up for by stronger Q1 2026 output – which will boost growth for the 2026 calendar year. [...]