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 Forbes: What To Expect From April’s CPI Report READ MORE Copper Prices Hit Record Highs Indicating Economic Resurgence READ MORE Mortgage Rate Decline Prompts Spike in Refinancing Applications READ MORE Investment Giants Turn to Gold as Hedge Against Economic Uncertainties READ MORE Oil Prices Reach 8-Week Highs: U.S. Stockpile Drop and China's Stimulus Fuel Surge READ MORE Add a Comment Cancel replyYour email address will not be published.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