Federal Reserve Signals Approaching Rate Cuts Amid Inflation Decline
As the economic landscape gradually shifts in the aftermath of the COVID-19 pandemic, the Federal Reserve is signaling a pivotal moment in its monetary policy approach. In recent statements, Federal Reserve Chairman Jerome Powell expressed growing confidence that inflation is nearing a manageable level, suggesting that the worst economic distortions stemming from the pandemic are fading away. At a conference held in Jackson Hole, Wyoming, Powell’s remarks reflected a notably dovish tone, ...