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Moody's: U.S. economic data will be released intensively, and deviations from expectations may raise doubts about the Fed's policy credibility.

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According to ChainCatcher news, as reported by Jin10, after a record-breaking shutdown period, the U.S. government has resumed operations, marking the imminent release of key indicators for analyzing the health and development trajectory of the U.S. economy. “This period feels like flying blind in the fog,” said Mark Zandi, chief economist at Moody's Analytics. “We have completely lost our navigational tools.” Zandi noted that data from private institutions has prepared people psychologically for the potential outcomes of official data; however, if the actual data deviates from expectations, the market could experience severe turbulence. “If the official data aligns with expectations, then everyone will be happy,” he said. “But if the released data—whether positive or negative—deviates from our expectations, it could raise questions in the market about the effectiveness of the Federal Reserve's policies during the government shutdown.”

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