Powel Says Fed on Track to Cut Interest Rates 3 Times This Year Federal Reserve Chair Jerome Powell announced plans to reduce interest rates three times within the year, signaling a start potentially by May. Despite recent aggressive rate hikes to combat inflation, Powell expressed optimism about the U.S. economy’s strength and dismissed recession fears. This strategy suggests a shift towards easing the financial conditions, reflecting confidence in economic stability and growth potential. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Tether Introduces Gold-Backed Stablecoin Alloy READ MORE Gold's Bright Future: Predicted Surge Past $2,500 in 2024 READ MORE Yield Curve Uninverts: A New Economic Warning Sign? READ MORE World Gold Council Launches 'You are Gold' Campaign in India READ MORE Satellite Imagery Reveals Possible Oil Spill from Houthi-Attacked Tanker in Red Sea READ MORE Add a Comment Cancel replyYour email address will not be published.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