Powell Hints at Rate Cuts, But Remains Cautious

Federal Reserve Chair Jerome Powell opened the door to potential interest rate cuts, but stopped short of making any promises. While acknowledging signs of cooling inflation and a slowing economy, he stressed that the Fed will remain data-driven before acting. This cautious approach reflects the balancing act between supporting growth and maintaining price stability. The timing of any rate cut remains uncertain as the market reacts cautiously to Powell’s remarks. Will it be too early or too late for the Fed to intervene? Analysts are watching the next inflation and jobs reports closely.