HomeMarketsU.S. EconomyGovernment Shutdown Sees No End, Complicates FOMC Interest Rate Picture

Government Shutdown Sees No End, Complicates FOMC Interest Rate Picture

Mike Townsend joins Morning Trade Live for Thursday's Charles Schwab Big Picture panel as the U.S. enters day 23 of a government shutdown. Mike doesn't see a reprieve coming with both parties making no traction after 12 unsuccessful votes. He adds that many Americans will face pricing pressure at the grocery store with SNAP benefits set to end on November 1. On the Fed, Mike says the interest picture can be up in the air without much data for the FOMC to go off of.

Morning Trade Live

23 Oct 2025

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