TechFlow News, April 15: Former U.S. Treasury Secretary Janet Yellen stated that she still believes there is a possibility the U.S. could cut interest rates later this year, though oil price volatility triggered by the Iran war has cast a shadow over the outlook. Yellen said: “This is in fact a broad-based supply shock, spreading from gasoline prices to liquefied natural gas, fertilizers, food, shipping costs, and semiconductors.” She noted that while raising interest rates remains a possibility, stable long-term inflation expectations suggest such a move is unlikely at present. “My guess is that rate cuts could be implemented by year-end. I believe this is entirely possible—and indeed the most likely scenario. However, many things could happen.” (Jinshi)
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
