The US government has reopened following its longest-ever shutdown, setting the stage for the eventual release of the gold-standard federal data that is crucial in analyzing the health and trajectory of the nation’s economy.

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.

U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said on Wednesday,

The Federal Reserve on Wednesday said Arkansas' economic outlook is largely unchanged from its most recent snapshot.

The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which cuts out costs for food and energy. The Federal Reserve ...

“While challenging in the short term, even the longest shutdowns rarely alter long-term economic trends, and GDP (gross domestic product) impact is usually temporary,” said Clint Dishman, senior vice president and director of strategic investment advisors at BOK Financial.

In a white paper released Monday, the researchers outlined the results of research into 40 years of international economic data. It showed that, generally, after a change in tariff rates, unemployment tends to increase while inflation declines. But over time, labor levels stabilize and inflation ticks up.

September’s employment report is expected to be the first major release after the shutdown, as that data was already collected before it began. The release of other key metrics on inflation and spending is expected to take longer, possibly one or two weeks, according to Morgan Stanley economists.

The differences have been exacerbated by the government shutdown’s interruption of economic data, a particular challenge for a Fed that Chair Jerome Powell has often described as “data dependent.” The government’s last jobs report was for August, and inflation for September.