Back to today’s briefing

Story perspectives

Key Data and Earnings Amid Ongoing Government Shutdown

10/11/2025

28 7 Full Breakdown

Summary

Story summary

The week centers on key data releases and earnings amid the ongoing government shutdown.
Retail sales data for February will be released on Monday, and the Federal Open Market Committee will decide rates on Wednesday.
Federal Reserve Chair Jerome Powell will hold a press conference addressing tariffs and inflation.
Banks JPMorgan and Goldman Sachs will report earnings, providing insights into consumer spending and economic health.

History

Historical Context

The 2013 U.S. government shutdown, lasting from October 1 to 17, stemmed from a budget impasse over the Affordable Care Act, leading to the furlough of approximately 800,000 federal employees. The Congressional Budget Office estimated a $24 billion economic loss during this 16-day closure, highlighting the ongoing impact of political gridlock on economic stability and Federal Reserve policies.

1 of 2

Story summary

The week centers on key data releases and earnings amid the ongoing government shutdown.
Retail sales data for February will be released on Monday, and the Federal Open Market Committee will decide rates on Wednesday.
Federal Reserve Chair Jerome Powell will hold a press conference addressing tariffs and inflation.
Banks JPMorgan and Goldman Sachs will report earnings, providing insights into consumer spending and economic health.

1 / 2