Scott Hellefstein, the Federal Reserve may cut interest rates in October and December

ChainCatcher news, according to Jinshi reports, Scott Helfstein, the investment strategy director of Global X, stated that the Federal Reserve may still lower interest rates in October and December, but investors should prepare for a range of outcomes, as Fed Chairman Powell is trying to keep all options open. Helfstein pointed out that reports before the government shutdown indicated that inflation is primarily driven by tariffs, housing, and utilities, and the Fed's interest rate policy has limited impact on prices in these areas, which may give the Fed room to continue lowering rates even when overall inflation remains above target.