Powell Signals Rate Cuts Possible to Bolster Employment Amid Inflation Federal Reserve Chair Jerome Powell is prepared to lower interest rates to support the job market, despite potential risks of sustained high inflation. This shift, aimed at preventing job losses, marks a notable pivot from the Fed’s previous strategy of raising rates to curb inflation. Powell emphasized this potential policy change in light of recent unemployment trends, highlighting the Fed’s focus on employment stability over short-term inflation concerns. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China's Iron Ore Imports Defy Steel Industry Slowdown READ MORE Powell Hints at September Rate Reduction if Inflation Eases READ MORE Mike Maloney’s Greatest Hits – Best Videos of 2023 READ MORE Trump Assassination Attempt Fuels 'Trump Trade' Surge in Global Markets READ MORE ETFs See Unprecedented July Inflows as Markets Anticipate Fed Action READ MORE Add a Comment Cancel replyYour email address will not be published.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