New House Speaker and the Outlook for Bills and Government Shutdown

It's Fed week and Deputy Chief US Economist Andrew Hunter joins David Wilder to discuss what to expect from the Tuesday-Wednesday FOMC meeting, including how the recent surge in long bond yields could influence the decision and accompanying language. Andrew also talks about the new House Speaker and whether Mike Johnson's appointment lowers the risk of a US government shutdown next month. 

Plus, it's been three weeks since Hamas’s surprise attack on Israel and financial markets have remained largely resilient. Deputy Chief Markets Economist Jonas Goltermann tells David why there hasn’t been a greater negative reaction and talks about what recent history has to say about the impact of geopolitical events like these on asset prices. 

Click here to explore the analysis and events referenced in this episode.