The post FED Rate Cuts May Be Delayed Amid Israel and Iran War, Says Janet Yellen appeared first on Coinpedia Fintech News
The escalating US-Israel-Iran conflict is now spilling into monetary policy expectations. Former Treasury Secretary Janet Yellen warned that the situation makes the Federal Reserve’s job significantly more complicated, especially when it comes to rate cuts. “I think the recent Iran situation puts the Fed even more on hold, more reluctant to cut rates than they …