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Day ahead – December 27, 2018: Spending impasse continues, Fed Chair's position said to be safe, US trade team to visit China

The spending impasse that precipitated an ongoing partial government shutdown shows no sign of breaking. Meanwhile, Chairman of the White House's Council of Economic Advisers Kevin Hassett said Federal Reserve Chairman's position is safe following recent criticisms by President Trump and a US trade delegation is set to visit China in early January.

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