Yellen: A rate cut this year “is entirely possible”; the biggest variable is the supply shock from a war in Iran
Yellen said in Hong Kong that the Federal Reserve could cut interest rates later this year, even though the Iran war is creating upward pressure on inflation. She emphasized that this situation depends on how inflation evolves, and warned that Trump’s political pressure on the Federal Reserve is an unprecedented threat that affects central bank independence.
MarketWhisper·04-15 05:54











