Rate Cut Ahead? Not With This Noisy Data, These Investors Say -- WSJ

Dow Jones12-18 22:34

By Hannah Erin Lang

Could today's better-than-expected inflation report lock in another Federal Reserve rate cut? Investors aren't getting their hopes up.

"Today's low inflation reading won't move the needle for the Fed given how noisy the data is," Kay Haigh of Goldman Sachs Asset Management said.

Haigh said the cancellation of the October inflation report and other complications of the government shutdown have damaged the quality of today's reading. The more important report will come in mid-January, he said, just two weeks ahead of the Fed's next meeting.

"All told, this is a positive report that comes with an asterisk," said Art Hogan, chief market strategist at B. Riley Wealth.

Skyler Weinand, chief investment officer at Regan Capital, expects the central bank to stay "on hold for the foreseeable future."

"We likely have seen the last interest rate move last week from Chairman Powell's Fed," he said.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

December 18, 2025 09:34 ET (14:34 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment