U.S. shutdown delays data, makes economy look like emerging market: Bloomberg

Bloomberg analysts said the shutdown’s data delays and fiscal standoffs are hurting U.S. credibility, comparing it to emerging-market instability.

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U.S. shutdown delays data, makes economy look like emerging market: Bloomberg

U.S. shutdown delays data, makes economy look like emerging market: Bloomberg
Bloomberg Economics said the U.S. government shutdown is eroding investor confidence and ‘making America look more like an emerging market.’ The analysis cites stalled fiscal operations, missed data releases, and uncertainty around the October 24 CPI report as signs of institutional fragility. Despite the turmoil, Bloomberg noted that credit spreads remain contained, suggesting investors still see Treasuries as safe assets. The commentary highlights growing reputational costs for U.S. fiscal governance. (Bloomberg)
Tags:
  • U.S. economy
  • shutdown