Powell Signals No Rate Hike Despite Persistent Inflation Federal Reserve Chair Jerome Powell indicated that the central bank is unlikely to raise interest rates despite persistent inflation, expressing cautious optimism that price pressures will soon ease. Speaking in Amsterdam, Powell emphasized the preference for maintaining the current rate rather than increasing it, though he acknowledged that his confidence in inflation cooling has diminished. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Defying Expectations: Gold's Rally in a Strong Economic and Stock Market Environment READ MORE Japan Spends $59 Billion in Market Moves to Bolster Yen Amid Economic Woes READ MORE Government Says, Inflation in December Was Even Lower Than First Reported READ MORE Powell Highlights Urgency of Addressing US Debt Path Despite Economic Strength READ MORE Bank of Japan Eyes Policy Shift: Ending Negative Rates READ MORE Add a Comment Cancel replyYour email address will not be published.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