Powered by

For the economy,standoff is a drag:Partial shutdown could affect growth

Jan 17, 2019 - The Boston Globe

Eric S. Rosengren, president of the Federal Reserve Bank of Boston, says the shutdown makes the Fed's work harder.

Even though much of the federal government is open, the impact of the partial shutdown is rippling through the business world.

Contractors for the Federal Emergency Management Agency have been ordered to stop working. The Food and Drug Administration isn't taking applications for new drug approvals. Skeletal staffing at the Securities and Exchange Commission is starting...