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Market Impact: 0.45
Congress Sends Funding Bill to Avert US Shutdown to Trump
Source: Bloomberg
Fiscal Policy & BudgetRegulation & LegislationElections & Domestic Politics
Congress cleared government funding legislation to avert an Oct. 1 shutdown, temporarily sidestepping the partisan gridlock that previously caused repeated disruptions over the past year. The immediate headline effect is reduced near-term policy/operations uncertainty, which should support short-run risk sentiment even if broader budget tensions remain unresolved.
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