Goldman Sachs analysts predict that the U.S. government is "more likely than not" to shut down later this year due to spending disagreements, which could temporarily impact economic growth by reducing it by 0.15-0.2 percentage points per week, with past shutdowns having minimal impact on equity markets.
The potential government shutdown threatens to deprive the Federal Reserve of crucial data on the labor market and inflation, which could hinder its ability to make informed decisions about the economy and interest rates.
The White House warns that a government shutdown at the end of the month could have damaging consequences for the economy, national security, and the American public.
The US government faces a potential shutdown if Congress fails to agree on funding past September 30, which would be the first shutdown since December 2018 and could result in a longer standoff between parties.
Millions of federal employees and military personnel face the prospect of a government shutdown, which would result in financial hardships for American families, disruptions in services, and potential harm to the economy.
Investors should not be overly worried about the potential government shutdown's impact on the market, as historical trends indicate that any weakness will likely be a buying opportunity from a short-term trading perspective.
A potential government shutdown in Washington could have far-reaching consequences, causing financial losses for millions of people, disrupting medical research and food access, delaying regulatory efforts, and hampering the Biden administration's agenda on energy, climate, and infrastructure.
Google searches about the potential government shutdown in the US are increasing, with a particular interest in how it would affect Social Security, veterans' benefits, and the US dollar.
Investors are concerned about the possibility of a US interest rate hike and a government shutdown, which could impact the US credit rating and push the world's top economy into recession.
The federal government is on the verge of a shutdown, with potential consequences for various areas of governance.
The possibility of a government shutdown in the U.S. could have negative implications for the crypto industry's regulatory progress and projects, similar to the effects seen in the previous shutdown in 2018 and 2019, with delays in approvals and a withdrawal of a bitcoin ETF application.
The U.S. is on the verge of a government shutdown as Congress debates spending levels and aid to Ukraine, which could potentially affect government operations and federal workers' paychecks.
The impending government shutdown may have an impact on the financial markets, according to Kristina Hooper, Chief Global Market Strategist at Invesco.
A brief government shutdown is unlikely to significantly slow down the economy, but a prolonged shutdown could hurt growth and potentially impact President Biden's re-election prospects.
A government shutdown in the U.S. could cause significant disruptions in the stock and bond markets, with the Securities and Exchange Commission being forced to furlough most of its staff and leaving the market oversight at a "skeletal" crew level.
A government shutdown is unlikely to have a negative impact on the stock market, as historical data shows that shutdowns have not affected markets in the past.
A government shutdown would severely impact the U.S. Securities and Exchange Commission's ability to approve IPOs and respond to market turmoil, according to its chair, Gary Gensler.
The possibility of a government shutdown looms as Congress struggles to agree on federal spending bills, potentially affecting federal and contract workers, restricting services, and impacting the DC region, Maryland, and Virginia.
A government shutdown due to a short-term spending bill will cause financial hardship for federal employees and contractors, but there are steps they can take such as contacting their landlord or mortgage loan servicer for assistance.
U.S. Treasury Secretary Janet Yellen warns that a potential government shutdown would harm economic progress, impacting key programs for small businesses and children and delaying infrastructure improvements.
The federal government is at risk of shutting down unless a temporary spending bill can be agreed upon by a small group of Republican representatives; in the event of a shutdown, certain factors such as food aid, economic data, and federal employee salaries would be affected, while others including U.S. stocks, Social Security checks, and the U.S. Postal Service would not be impacted.
Republican infighting over budget legislation has increased the risk of a government shutdown in the US, potentially leading to thousands of federal workers without pay and negatively impacting the economy, including a reduction in GDP growth and a potential credit rating downgrade.
The near-shutdown of the U.S. government highlights the dysfunction and inability of Congress to pass essential laws and fund the government, raising concerns about its ability to function effectively.
Rating agency Fitch warns about a possible government shutdown after the ousting of U.S. House Speaker Kevin McCarthy, but states that it would not impact the country's sovereign rating as the governance issues are already factored in.
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