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The government shutdown that began on Wednesday could delay the release of a large chunk of economic data, meaning the Fed's ability to accurately assess the labor market and inflation situation - which was already limited - will now be much worse. That, in turn, could make the market rethink its own conviction about the near-term rate outlook.
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News and Media
Venezuela's Defense Minister reported five "imperialist combat planes" near its coast, characterizing it as a U.S. threat and provocation. The government urged "U.S. Secretary of War Peter Hegseth" to cease his "reckless" posture, linking the incident to ongoing U.S. anti-drug operations in the Caribbean. This heightens tensions amidst U.S. accusations against Maduro.
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News and Media
Japan's ruling LDP is holding a pivotal vote to select its new leader, potentially making history with the nation's first woman prime minister or youngest leader. Front-runners Sanae Takaichi and Shinjiro Koizumi offer contrasting economic strategies to tackle the party's crisis and a sluggish economy.
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News and Media
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