Fed Holds Rates Steady, Hints at Easing Monetary Policy Soon – Federal Reserve Chair Jerome Powell signaled that interest rate cuts could begin as early as September, provided the U.S. economy continues on its expected path. – While keeping rates steady at 5.25%-5.50%, the Fed’s statement indicated a softening stance on inflation and a more balanced view of employment risks. Powell emphasized that rate cut decisions would be based solely on economic data and progress towards the 2% inflation target, not political considerations. – This potential shift in monetary policy comes after more than two years of battling inflation and could have significant implications for the economy and the upcoming presidential election. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts SILVER ALERT: Could This Mexican Law Change Cause a Supply Crunch? READ MORE Social Security at a Crossroads: Can the System Survive an Aging America? READ MORE What is a Troy Ounce? READ MORE Canadian Futures Dip as Oil Slumps and BoC Decision Looms READ MORE Gold Faces a Lackluster January with a Close Eye on the Fed READ MORE Add a Comment Cancel replyYour email address will not be published.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