Saturday, January 11

Tag: Saqib Iqbal Ahmed

United States federal government shutdown face-off produces another financier concern

United States federal government shutdown face-off produces another financier concern

Business
By Saqib Iqbal Ahmed NEW YORK CITY (Reuters) - The untidy procedure of attempting to prevent a U.S. federal government shutdown provides financiers a peek into difficulties the inbound Trump administration will deal with in executing its program, including a market issue for the coming year. While the face-off has up until now not rattled markets, financiers stated it assisted feed into the volatility let loose by the Federal Reserve's forecast on Wednesday for less U.S. rate of interest cuts next year. "Granted, Trump isn't president yet, however he will insert concepts at the last minute and there's no warranty every member of the Republican Party in Congress is going to support his concepts," stated Brian Jacobsen, primary economic expert at Annex Wealth Management in Menomonee Falls, W...