Created
: 2025.10.03
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Fed's Goolsbee affirms that the Fed will have to make decisions with available data
World FX news
Breaking news
Fed's Goolsbee affirms that the Fed will have to make decisions with available data
New
2025.10.03 03:43
2025.10.03 03:43
2025.10.03 03:43
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee affirmed on Thursday that, lacking any new information from official data sources, the Fed will have no choice but to make ongoing interest rate decisions using the information currently available to it. With current and estimator US labor data showing a steepening slowdown spreading through the US labor market, this cements the Fed into a steady rate-cutting regime through the remainder of the year.
Key highlights
The immediate impact of the shutdown will be on federal workers who don't get paid on time.
Without the official unemployment rate the Fed will make a decision with the information it has.
Real time indicators show a steady unemployment rate.
Hopefully the shutdown ends soon without repercussions for the broader economy.
Last updated
: 2025.10.03
Related articles
Fed's Goolsbee affirms that the Fed will have to make decisions with available data
2025.10.03 03:42FX Today: Final PMIs in Europe and the US come to the fore
2025.10.03 03:40USD/JPY firms as Greenback rebounds, US shutdown clouds economic outlook
2025.10.03 01:38GBP/USD sinks as US shutdown sparks risk aversion, Dollar strengthens
2025.10.03 00:59USD/CAD climbs to four-month high as Loonie weighed by Oil and BoC outlook
2025.10.03 00:13Fed's Logan: We need to be very cautious about rate cuts
2025.10.02 23:50
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Fed's Goolsbee affirms that the Fed will have to make decisions with available data
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee affirmed on Thursday that, lacking any new information from official data sources, the Fed will have no choice but to make ongoing interest rate decisions using the information currently available to it.
New
2025.10.03 03:42FX Today: Final PMIs in Europe and the US come to the fore
The US Dollar (USD) partially reversed its multi-day leg lower on Thursday, as the US government shutdown continued to weigh on investors' sentiment, while the absence of data releases should leave traders focused on US politics as well as geopolitics.
New
2025.10.03 03:40Gold slips as Dollar steadies, hawkish Fed Logan caps gains
Gold price retreats during the North American session on Thursday as the Greenback recovers some ground, trimming some of its weekly losses after Dallas Fed President Lorie Logan delivered a hawkish message. At the time of writing, XAU/USD trades at $3,844, down 0.50%.
New
2025.10.03 03:39WTI Crude Oil drops to four-month low as OPEC+ supply fears weigh
West Texas Intermediate (WTI) Crude Oil comes under heavy selling pressure on Thursday, sliding to a four-month low with prices down over 2.0% at the time of writing.
New
2025.10.03 03:38Dow Jones Industrial Average slows to a crawl as investors watch shutdown headlines
The Dow Jones Industrial Average (DJIA) flattened on Thursday, sticking close to the 46,500 region as equity markets hunker down to wait out the US federal government's shutdown.
New
2025.10.03 03:11USD/JPY firms as Greenback rebounds, US shutdown clouds economic outlook
The Japanese Yen (JPY) halts its four-day winning streak against the US Dollar (USD) on Thursday, with USD/JPY edging higher during the American session. At the time of writing, the pair trades near 147.40, up about 0.15% on the day, as the Greenback attempts a modest rebound after recent weakness.
New
2025.10.03 01:38GBP/USD sinks as US shutdown sparks risk aversion, Dollar strengthens
GBP/USD dives during the North American session as the US government shutdown extends for the second straight day, triggering a delay on economic data releases. Meanwhile, the buck strengthens as traders assess the shutdown impact. The pair trades at 1.3424, down 0.38%.
New
2025.10.03 00:59USD/CAD climbs to four-month high as Loonie weighed by Oil and BoC outlook
The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Thursday, with USD/CAD extending gains to fresh four-month highs.
New
2025.10.03 00:13Fed's Logan: We need to be very cautious about rate cuts
Dallas Federal Reserve (Fed) President Lorie Logan explained on Thursday that the recent interest rate cut was an insurance against a more rapid, non-linear decline in the labor market, per Reuters.
New
2025.10.02 23:50EUR/CHF steadies above 0.9350 amid soft Eurozone, Swiss inflation data
The Euro (EUR) treads water against the Swiss Franc (CHF) on Thursday, with EUR/CHF trading around 0.9358 during the American session. The cross continues to face technical resistance from the 100-day Simple Moving Average (SMA) around 0.9357, which has capped upside attempts since early September.
New
2025.10.02 22:37Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
