Prediction
José Torres thinks a 2.9% inflation reading would impact the interest rate outlook for next year, during which the Fed projects one rate cut.
Predicted By: José Torres, senior economist at Interactive Brokers on November 20, 2025
The Prediction Details
Full Prediction Statement
He also thinks it would have an impact on the interest rate outlook for next year – a period during which the Fed projects one rate cut.
Predictor
José Torres, senior economist at Interactive Brokers
Prediction Date
November 20, 2025
Prediction Published In
November's inflation report is the first to be released after the shutdown. Here's what to expect
Prediction Source
www.cnbc.comFulfillment Statement
Next year
The Prediction in Context
Source: www.cnbc.com
"If the report were to show a 2.9% reading, it could offer some positive momentum in stocks heading into 2026. In fact, Torres believes that such a number would clear the path for a so-called Santa Claus rally. He also thinks it would have an impact on the interest rate outlook for next year – a period during which the Fed projects one rate cut. "