Government Shutdown Won’t Stop Rate Cuts
Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management
14-Oct-25 07:00
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As the government shutdown enters its second week, Joe Quinlan, Chief Market Strategist at U.S. Trust–Bank of America Private Wealth Management, believes the Federal Reserve will cut rates at the end of October, while a year-end rate cut remains uncertain.
Image Credit: Shutterstock.com
Produced by: Tun Hizami Hashim
Presented by: Elaine Boey, Shazana Mokhtar, Keith Kam
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Categories: markets, politics, government, international, Corporates, economy
Tags: us government shutdown, us federal reserve, fed rate cut, economic data, unemployment rate,