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 August Jobs Data: Key to Fed's September Rate Decision READ MORE Gold Drops to 2-Week Low READ MORE Insider Alert: Mike’s Made a Change in His Portfolio READ MORE When I Buy From GoldSilver, How Can I Pay for My Gold or Silver? READ MORE Japan Raises Interest Rates for First Time in 17 Years READ MORE Add a Comment Cancel replyYour email address will not be published.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