Yellen Sees Room for Fed Rate Cut Despite Iran War and Political Pressure
Updated
Updated · Financial Times · Apr 15
Yellen Sees Room for Fed Rate Cut Despite Iran War and Political Pressure
24 articles · Updated · Financial Times · Apr 15
Former US Treasury Secretary Janet Yellen said the Federal Reserve could still cut interest rates once this year despite inflation risks.
Speaking at an investor summit in Hong Kong, Yellen cited the Iran war's supply shocks as complicating the outlook but noted policymakers remain flexible.
She warned against political interference from President Trump and said the Fed faces a delicate balance between inflation pressures and economic growth.
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