Respondents to a CNBC survey don't expect the Fed to change interest rates until summer.
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The Federal Reserve on Wednesday isn't likely to announce a change in interest rates - and after three rate cuts this year, policymakers may not make another change until the summer. Respondents to a CNBC survey expect the Fed to basically go into hibernation for six months, writes CNBC's Steve Liesman. Most respondents said they believe the central bank should maintain its key rate at the current level at its December meeting.  The Fed has been standing pat, and saying it will respond to changes in an economy facing geopolitical disruptions. "Unfortunately, Federal Reserve policy is held captive to trade negotiations," writes Chad Morganlander, portfolio manager at Stifel Nicolaus.
And who knows where trade negotiations are headed? Investors got another ambiguous read on the trade war Tuesday, with some reports saying tariffs scheduled for Sunday could be delayed and White House economic advisor Larry Kudlow saying "tariffs are still on the table." Stocks barely moved on these contradictory reports.
Like so many others, Fed policymakers may be keeping up with these headlines on Twitter, writes CNBC's Patti Domm.
"I know they've looked at my Twitter account," said Diane Swonk, chief economist at Grant Thornton. "I've had many people make comments, Fed governors and Fed presidents about what I've actually tweeted. They're looking for more intel, everything from how policy is being perceived to what's happening in the economy."
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