Government Shutdown Sees No End, Complicates FOMC Interest Rate Picture
Schwab Network · Schwab Network
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Show Notes
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.
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