September 29th, 2025

#Kapital #DailyBrief ✅ In the United States, the risk of a new government shutdown returned to the center of the debate after Republicans and Democrats failed to reach a funding agreement before Tuesday’s midnight deadline. ✅ China’s President Xi Jinping asked Donald Trump that the U.S. officially declare it “opposes” Taiwan independence, toughening Washington’s traditional language on the island. ✅ New Fed Governor Stephen Miran proposed sharp rate cuts, arguing that Trump’s economic agenda will quickly lower the neutral rate. However, other officials warned that this reference point is difficult to estimate even under normal conditions.