Powell Signals Rate Cuts Possible to Bolster Employment Amid Inflation Federal Reserve Chair Jerome Powell is prepared to lower interest rates to support the job market, despite potential risks of sustained high inflation. This shift, aimed at preventing job losses, marks a notable pivot from the Fed’s previous strategy of raising rates to curb inflation. Powell emphasized this potential policy change in light of recent unemployment trends, highlighting the Fed’s focus on employment stability over short-term inflation concerns. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Real Story Behind China's Gold Demand and Reserves READ MORE Rising Interest Rates Challenge Long-Standing Pro-Debt Economic Policies READ MORE Silver Soars 2% on 'Double Bottom' Breakout, Eyes YTD Highs READ MORE Gold Prices Tick Higher in Anticipation of Influential U.S. Inflation Data READ MORE Gold Prices Dip Despite Growing Rate Cut Expectations READ MORE Add a Comment Cancel replyYour email address will not be published.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