U.S. Treasury warns shutdown fallout is ‘worse and worse’ for the economy
The shutdown has disrupted services, furloughed federal staff and delayed official data releases, adding uncertainty to the economic outlook. Bessent stated that the longer the impasse continues, the higher the risk of long-term structural consequences.
Senate impasse remains, and analysts estimate the ongoing pause could shave 1–2 percentage points off Q4 GDP growth.
U.S. Treasury warns shutdown fallout is ‘worse and worse’ for the economy
The shutdown has disrupted services, furloughed federal staff and delayed official data releases, adding uncertainty to the economic outlook. Bessent stated that the longer the impasse continues, the higher the risk of long-term structural consequences.
Senate impasse remains, and analysts estimate the ongoing pause could shave 1–2 percentage points off Q4 GDP growth.
Treasury Secretary warns the U.S. shutdown’s economic impact is intensifying, signalling deeper structural risk.
The shutdown has disrupted services, furloughed federal staff and delayed official data releases, adding uncertainty to the economic outlook. Bessent stated that the longer the impasse continues, the higher the risk of long-term structural consequences.
Senate impasse remains, and analysts estimate the ongoing pause could shave 1–2 percentage points off Q4 GDP growth.
The shutdown has disrupted services, furloughed federal staff and delayed official data releases, adding uncertainty to the economic outlook. Bessent stated that the longer the impasse continues, the higher the risk of long-term structural consequences.
Senate impasse remains, and analysts estimate the ongoing pause could shave 1–2 percentage points off Q4 GDP growth.