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.
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(END) Dow Jones Newswires
December 18, 2025 09:34 ET (14:34 GMT)
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