TechFlow, October 15 — According to Jinshi Data, Scott Helfstein, Global X's head of investment strategy, said the Federal Reserve could still cut interest rates in October and December, but investors should prepare for a range of outcomes, as Chair Powell seeks to keep all options open. Helfstein noted that pre-government shutdown data showed inflation was driven by tariffs, housing, and utilities—areas where the Fed's interest rate policy has limited impact on prices. He said this could give the Fed room to continue cutting rates even if overall inflation remains above target.
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