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 Silver Poised for Major Breakout: Key Levels to Watch READ MORE The REAL Reason Costco & Walmart Are Selling GOLD & SILVER READ MORE Shenzhen: China's Rising Star in the Gold Jewelry World READ MORE Gold's Long-Term Strength Predicted to Persist READ MORE U.S. Firms Embrace Currency Options as Election Hedge READ MORE Add a Comment Cancel replyYour email address will not be published.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