Powell Signals No Rate Hike Despite Persistent Inflation Federal Reserve Chair Jerome Powell indicated that the central bank is unlikely to raise interest rates despite persistent inflation, expressing cautious optimism that price pressures will soon ease. Speaking in Amsterdam, Powell emphasized the preference for maintaining the current rate rather than increasing it, though he acknowledged that his confidence in inflation cooling has diminished. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Investor Confidence Shifts: A Closer Look at the 'No Landing' Economic Forecast READ MORE Dow Nears Historic 40,000 Milestone Amid Optimism READ MORE The Growing Shadow of Credit Card Debt: A Crisis Looming Over American Consumers READ MORE JP Morgan's Warning Sparks Gold Rush READ MORE As Gold Hits $2,500, All Eyes Turn to Fed's Next Move READ MORE Add a Comment Cancel replyYour email address will not be published.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