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 De-Dollarization: BRICS Shifts $260 Billion Trade Away from Dollar READ MORE Gold Price hits new All Time Highs amid huge increase in Volatility READ MORE BullionStar Financials FY 2022 – Year in Review READ MORE How Much is My Gold or Silver Worth? READ MORE In Response to a Steady Fed, Southeast Asia Adjusts Rates to Safeguard Currencies READ MORE Add a Comment Cancel replyYour email address will not be published.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