US News
LAST UPDATE: October 1, 2025
US Government Shutdown Begins as Funding Lapses
The U.S. federal government shut down after Congress failed to pass funding, halting many non-essential services and furloughing federal staff.
Insight
The shutdown will introduce operational disruptions and political pressure for a renewed deal.
Logan Says Fed Should Be Cautious With More Interest-Rate Cuts
Dallas Fed President Lorie Logan suggested caution on further rate cuts, arguing the labor market might need more slack for inflation to fully moderate.
Insight
Her stance highlights that the Fed may prioritize inflation risk and avoid overly aggressive easing.
