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 Concerns Arise Over CPI Data Accuracy with Response Rates Lagging READ MORE US Wholesale Inflation Hits Annual High, Signaling More Price Hikes Ahead READ MORE Could Trump's Policies Strengthen Dollar? Experts are Split READ MORE ECB Resists Market Pressure for Interest Rate Cuts READ MORE Florida's Housing Market Sees Price Drop Amid Insurance Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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