The U.S. Federal Reserve has kept interest rates steady in its latest policy meeting, while signaling that a shift toward lower borrowing costs may be on the horizon. Chair Jerome Powell indicated that if inflation continues its downward trajectory toward the central bank's two-percent target, a rate cut could be considered as early as the next meeting in September. Market analysts suggest this pivot reflects growing confidence in a 'soft landing,' where inflation is tamed without triggering a significant recession. However, some economists warn that cutting rates too early could risk a resurgence of price increases, while delaying action might unnecessarily strain the labor market. The central bank emphasized that future decisions remain strictly data-dependent, as global economic uncertainties and domestic employment figures continue to play a critical role in shaping monetary policy.