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 The REAL Reason Costco & Walmart Are Selling GOLD & SILVER READ MORE Fed Unlikely to Cut Interest Rates Soon Despite Earlier Projections READ MORE Gold Investors Eye Friday's Payrolls Data for Fed Policy Clues READ MORE ING Gold Monthly: The Bull Run Isn't Over Yet READ MORE Market Watches Fed and Inflation Cues as Gold Steadies at $2,300 READ MORE Add a Comment Cancel replyYour email address will not be published.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