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The probability of a "U.S. government shutdown" predicted on Kalshi has risen to 70%.
BlockBeats news, on September 30, according to the prediction platform Kalshi data, there is a 70% chance that the U.S. government will shut down on Wednesday. Earlier today, the U.S. Bureau of Labor Statistics released an emergency plan for government shutdowns, which will suspend all operations and not release economic data during the shutdown. Currently, U.S. Congress members are inclined to force a federal government shutdown, which may prevent policymakers, business leaders, and investors from obtaining the key data needed to assess the state of the U.S. economy. Stephen Stanley, chief economist of Santander U.S. Capital Market, stated that the Fed's next meeting will be held from October 28 to 29, and it will be difficult to justify a rate cut without the latest government data. Some officials have been cautious about this, hoping to see more data. Neil Bradley, chief policy officer of the U.S. Chamber of Commerce, stated that a government shutdown will not push the U.S. economy into recession, but it will come at a cost and increase the uncertainties that businesses and business leaders are already dealing with.