Powell Signals Fed's Readiness for Rate Cuts at Jackson Hole Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium has set the stage for potential interest rate cuts in the near future. Powell expressed growing confidence that inflation is approaching the Fed’s 2% target and acknowledged that further cooling in the job market would be unwelcome. He emphasized that the Fed is prepared to adjust its policy stance, with the timing and pace of rate cuts dependent on incoming economic data. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Could Gold Hit $5000 in 2024? READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE March Jobs Surge Beats Forecasts, But Wage Growth Sparks Inflation Concerns READ MORE Fed's Dilemma: Is a Quarter-Point Cut Enough to Stave Off Recession? READ MORE US Jobless Claims Decline Again, Signaling Labor Market Strength READ MORE Add a Comment Cancel replyYour email address will not be published.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