Strong Economy May Delay Fed Rate Cuts Amid Inflation Concerns The U.S. economy’s unexpected resilience, driven by a strong job market and consumer spending, has raised concerns that the Federal Reserve may delay or cancel planned rate cuts to combat persistent inflation. Minutes from the Fed’s May meeting indicate a readiness to tighten policy if inflation risks persist. As the Fed prepares to release updated growth and inflation forecasts, market expectations for rate cuts are diminishing, influenced by robust economic performance and the upcoming presidential election. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Palladium Falls Below Platinum as Auto Industry Shifts Preferences READ MORE Gold Prices Soar to Unprecedented Heights Amid Anticipation of Fed Rate Cuts READ MORE Bank of America "Buy Gold Like Central Banks" READ MORE Nasdaq 100 at Risk? Citi Strategists Flag Potential Tech Sell-Off READ MORE 78% of Americans Living Paycheck to Paycheck in 2024, Study Reveals READ MORE Add a Comment Cancel replyYour email address will not be published.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