Fed's Latest Decision: Status Quo on Rates, but Change is in the Air The Federal Reserve maintained its benchmark interest rate at a 23-year high of 5.25% to 5.5% but hinted at potential rate cuts in the near future. While no immediate changes were made, the Fed’s statement and Chair Jerome Powell’s comments suggest that recent progress in lowering inflation could pave the way for rate reductions, possibly as soon as September. The Fed is closely monitoring both inflation trends and labor market conditions to determine the timing and pace of future rate cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Faces a Lackluster January with a Close Eye on the Fed READ MORE History Warns: Recession Looms as Fed Maintains High Interest Rates READ MORE Gold Expected to Shine Amid Uncertainty: World Gold Council at BMO Conference READ MORE Silver Breakout Confirmed READ MORE Gold Prices Poised for Weekly Gain Ahead of Fed Decision Catalyst READ MORE Add a Comment Cancel replyYour email address will not be published.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