Institutional investment strategy director: The Fed is still likely to cut interest rates in October and December
2025-10-15 05:58
According to Odaily Planet Daily, Scott Helfstein, head of investment strategy at Global X, said the Federal Reserve could still cut interest rates in October and December, but investors should be prepared for a range of outcomes as Fed Chairman Powell is trying to keep all options open. Helfstein said that reports before the government shutdown showed that inflation was driven by tariffs, housing, and utilities, and that the Fed's interest rate policy had limited impact on prices in these areas. He said this could give the Fed room to continue cutting interest rates even if overall inflation remains above target. (Jinshi)
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