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 Gold Reserves in 2024: Discover Which Countries Hold the Most READ MORE Forbes Explains CBDCs: Understanding the Rise of CBDCs READ MORE Slow and Steady: US Economy Navigates Controlled Deceleration READ MORE China's Relentless Gold Buying Streak Fuels Record Price Surge READ MORE Bonds Rally, Stocks Dip Following First Presidential Face-Off READ MORE Add a Comment Cancel replyYour email address will not be published.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