Jerome Powell Expects Prolonged Rate Hold as Inflation Eases Slowly Federal Reserve Chair Jerome Powell stated that inflation is decreasing more slowly than anticipated, necessitating that interest rates remain steady for an extended period. Speaking in Amsterdam, Powell acknowledged the unexpected persistence of inflation and emphasized the need for patience with current restrictive policies, while ruling out further rate hikes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Japan Sounds the Alarm on Yen's Speculative Tumble Amidst Rising U.S. Inflation READ MORE Gold Performance Key to Silver's Rally, HSBC Reports READ MORE INCREMENTUM : Preview Chartbook of the In Gold We Trust Report READ MORE Japan's GPIF Explores Diversification into Forests, Gold, and Bitcoin READ MORE Central Banks Turn to Gold as Hedge Against U.S. Dollar Dominance READ MORE Add a Comment Cancel replyYour email address will not be published.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