Gate News message, April 15 — Former U.S. Treasury Secretary Janet Yellen said she still believes the Federal Reserve could cut interest rates later this year, though the Iran war and resulting oil price volatility have clouded the outlook.
Yellen described the situation as “essentially a broad supply shock” affecting gasoline prices, liquefied natural gas, fertilizers, food, shipping costs, and semiconductors.
While not ruling out the possibility of rate hikes, Yellen noted that stable long-term inflation expectations suggest such a scenario is unlikely. “My guess is that there could be rate cuts by the end of the year. I think that’s entirely possible and the most likely scenario. But many things could happen,” she said.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bank of England governor warns: Global stablecoin standards are lagging, calls for a unified regulatory framework
Bank of England Governor Andrew Bailey said at an IIF event that the effective functioning of stablecoins depends on users’ confidence in full redemption mechanisms, calling for the development of international standards. The United States has meanwhile released the GENIUS Act, requiring stablecoin issuers to meet compliance requirements. In South Korea, Circle’s CEO said there are no plans to launch a won-pegged stablecoin, and that the company is currently watching local legislative debates.
MarketWhisper6h ago
Australian Dollar Hits 36-Year High Against Yen as US-Iran Ceasefire Hopes Boost Risk Appetite
The Australian dollar has reached a 30-year high against the Japanese yen, propelled by optimism over a US-Iran ceasefire and a global equity rally. The RBA's hawkish policy and positive links to equity markets enhance AUD's appeal, though risks remain due to potential volatility.
GateNews9h ago
The central bank issues a digital currency report—does it directly refute Qu Bo? If Taiwan issues a CBDC, merchants generally cannot refuse to accept it
The central bank released a report stating that Taiwan’s CBDC development will follow a phased promotion strategy. In the short term, it is not urgent to issue retail CBDC; the focus is on wholesale CBDC and the infrastructure for asset tokenization. The central bank emphasized that CBDC will not increase the money supply and will have legal standing. As a rule, merchants may not refuse to accept it, in order to prevent the payment market from becoming overly dependent on the private sector.
ChainNewsAbmedia23h ago
U.S. Treasury Secretary Bessent: Fed Will Cut Rates Further; Oil Price Gains Not Translating to Inflation Expectations
U.S. Treasury Secretary Bessent indicated that the Federal Reserve may lower interest rates further, emphasizing that rising oil prices have not impacted inflation expectations, as they remain detached from broader economic price pressures.
GateNews04-15 12:31
Trump's Fed Chair Pick Kevin Warsh Has $131M–$209M Net Worth, Holds Crypto and AI Investments
Kevin Warsh, nominated by Trump for Federal Reserve chair, is the wealthiest candidate in recent history, with a net worth up to $209 million. His diverse investments include Silicon Valley, fintech, and AI. Despite potential conflicts, he has a modern view on digital assets.
GateNews04-15 08:52
