Inflation Woes from Pandemic Keep Fed's Rate Cuts on Hold Lingering inflation pressures from the pandemic are prompting the Federal Reserve to maintain high interest rates, dampening hopes for cuts this year. Despite expectations that inflation will eventually cool, Fed officials are prepared to keep borrowing costs elevated to curb rising prices, balancing the risk of economic downturn against the need to control inflation. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Market Rebounds on Positive Jobless Data, Boosting Major Indexes READ MORE Gold's Rally Leaves Some Market Experts Baffled READ MORE Ray Dalio Advocates for Gold in the Face of Looming Debt and Inflation Threats READ MORE PIMCO Cautions: Inflation and Recession Battles Not Yet Won READ MORE Gold Nears Record High as Inflation Report Boosts Rate Cut Odds READ MORE Add a Comment Cancel replyYour email address will not be published.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