0540 GMT - The Federal Reserve is still likely to cut rates in October and December, but investors should be prepared for a range of outcomes as Fed Chair Powell is trying to leave all options open, Global X​'s Scott Helfstein says​. Reports prior to the shutdown suggested that inflation has been driven by tariffs, housing and utilities, and Fed rates might not play a big role in controlling pricing in those markets, the ETF firm's head of investment strategy says. That may give the Fed a free hand to keep lowering rates even as headline inflation remains above target, he says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

October 15, 2025 01:40 ET (05:40 GMT)

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