Deutsche Bank: The U.S. government may face its first shutdown since the winter of 2018-19
Jinse Finance reported that traders are cautiously awaiting Thursday's initial jobless claims data and Friday's PCE inflation data, while closely monitoring the tricky developments that could trigger a U.S. government shutdown. U.S. President Trump canceled a key meeting with Senate Minority Leader Schumer and House Minority Leader Jeffries, which was originally expected to help avoid a government shutdown before the September 30 deadline. Deutsche Bank analyst Jim Reid pointed out in a report to clients on Wednesday morning: "The cancellation of the meeting has sparked a new round of concerns that funds may run out by next week's deadline, and we may see the first government shutdown since the winter of 2018-19."
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