The government shutdown has ended and new government data will soon start to roll out ahead of the next Federal Reserve policy announcement on Dec. 10. The modest uptick in inflation lately will keep markets guessing, but several estimates of payrolls from private sources in recent days suggest that the case for more easing still has the edge.
Daily Archives: November 13, 2025
Macro Briefing: 13 November 2025
President Trump signed legislation into law that ends longest government shutdown in history. The bill was narrowly passed by the House of Representatives earlier on Wednesday. All but six Democrats voted against the bill while just two Republicans in the House voted against the bill. The Congressional Budget Office estimates that the negative impact on the economy will be mostly recovered once the shutdown ends, but not entirely. It estimated the permanent economic loss at about $11 billion for a six-week shutdown.