Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties Dominate As the Federal Reserve kicked off 2024 nearly achieving its inflation target, officials remain hesitant to lower interest rates due to the persistent risk of inflation exceeding their 2% goal. Recent inflation data, particularly concerning consumer prices excluding food and energy, rose unexpectedly in January, suggesting businesses, especially within the services sector, still possess significant pricing power. This development has dampened hopes for an imminent easing of monetary policy. The Fed’s cautious stance is further reinforced by various uncertainties, including the robustness of the economy and geopolitical tensions, which have influenced their decision to adopt a more deliberate approach towards adjusting interest rate policies. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts What Is Driving Gold & Silver Prices? READ MORE Hedge Funds Go for Gold as Political and Economic Uncertainties Loom READ MORE Traders on Edge as Central Banks Prepare for Key Policy Decisions READ MORE China's Economy Struggles Gain Momentum: Inflation and Factory Prices Disappoint READ MORE JP Morgan's Warning Sparks Gold Rush READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment