Atlanta Fed President Raphael Bostic said he would retire when his current five-year term expires at the end of next February. His decision to retire now comes as the Fed’s seven-member board in Washington must agree to the reappointment of all 12 of the system’s bank presidents to new five year terms beginning March 1. Meanwhile, during the six-week government shutdown, professional economic forecasters have learned a few things in the data wilderness, like how to sleep past 5 a.m. and what the plumber can tell you about Americans’ spending. Now that President Trump has signed legislation to fund the government, the return to normal is expected to come relatively quickly—though mountains of work awaits federal workers. The White House has indicated, however, that inflation and employment reports for last month will be lost due to the long closure of federal agencies.

Raphael Bostic became the first African-American and openly gay president of a regional Fed bank in its history when he took the job as Atlanta Fed leader in 2017. He faced scrutiny three years ago after he disclosed he had failed to adhere to rules governing senior officials’ personal-financial transactions, but retained the support of his board of directors at the time. Bostic, now 59, was eligible to serve as the bank’s president for another six years until hitting a mandatory retirement age of 65.

For the past six weeks during a government data drought, economists have searched for meaning wherever they could find it. For some, that’s meant tracking obscure metrics like visits to the Statue of Liberty. Others used the government shutdown to dust off esoteric research projects. One economist said he asked his plumber how tariffs are affecting his business when he came to do work in his home.

The GOP-led House passed a spending package reopening the government and President Trump signed it into law late Wednesday, drawing to a close a record-long 43-day shutdown driven by Democrats’ demands to extend expiring healthcare subsides.

• White House Says October Jobs, Inflation Reports Unlikely to Be Released
• The Secret Meeting That Ended the Shutdown
• What to Know as the Government Reopens
• Breaking Down the Shutdown Deal, From Back Pay to Hemp Provisions

• Britain Is Preparing Tens of Billions in New Taxes—Again

Coinbase plans to leave Delaware and reincorporate in Texas after a group of shareholders with a majority of voting power voted to approve the move, the company said in a filing with the Securities and Exchange Commission. Coinbase Chief Legal Officer Paul Grewal said in an opinion piece in The Wall Street Journal that the company is pursuing the reincorporation because Texas’ legal framework is more predictable and efficient than Delaware’s.

7 a.m.: Bank of England’s Megan Greene speaks at Chatham House event on central bank independence
8:30 a.m.: U.S. weekly initial jobless claims
12:20 p.m.: Cleveland Fed President Beth Hammack speaks at Economic Club of Pittsburgh fireside chat
12:30 p.m.: St. Louis Fed President Alberto Musalem speaks at Evansville Regional Economic Partnership event

5 a.m.: EU third-quarter GDP flash estimate

• Treasury Secretary Scott Bessent said the Trump administration would take action to help lower the price of coffee, bananas and other products grown abroad.
• A major shopping event in China showed sales improved, but not by enough to dispel concerns that tepid consumer spending will continue to drag on the economy.

WSJ Pro Central Banking brings you central banking news, analysis and insights from WSJ’s global team of reporters and editors. This newsletter was compiled by Michael Maloney in New York and Nihad Ahmed in Barcelona.