Federal Reserve's Critical Year: Balancing Inflation Fight and Interest Rate Cuts The Federal Reserve faces a pivotal year, aiming to achieve a “soft landing” by curbing inflation without significantly increasing unemployment. In a notable development, inflation slowed to its lowest annual rate in two years, while unemployment stayed low, and consumer spending remained robust, despite the highest interest rates in over two decades. This progress has sparked optimism about a possible soft landing and discussions about reducing interest rates. The Fed has signaled intentions to start cutting rates this year, offering relief from high borrowing costs affecting the housing market and businesses. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ETFs See Unprecedented July Inflows as Markets Anticipate Fed Action READ MORE Powell: Fed May Cut Rates Before Inflation Hits 2% Target READ MORE US dollar's dominance secure, BRICS see no progress on de-dollarization -report By Reuters READ MORE Why Silver Is One Of The Most Important Elements On Earth READ MORE Brent Crude Falls to $86, Market Stabilizes Amid Easing Mideast Concerns READ MORE Add a Comment Cancel replyYour email address will not be published.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