Speaking at an event, opening the Aspen Economic Strategy Group meeting in Aspen, Colorado on Monday, the former Federal Reserve (Fed) President Janet Yellen endorsed a 25bps Fed rate cut this week. Key Quotes I would be inclined to cut a bit. I wouldn’t see this as the beginning – unless things change – of a major easing cycle. But I do think it’s appropriate. Think inflation is too low. Global economy was weakening because of trade conflicts that have created uncertainty for business investment. US interest rate increases have contributed to slower growth abroad. The US is not an island. When the US tightens policy, it has repercussions in many parts of the world. The Fed’s tightenings appeared to be weakening financial markets and the prospects for growth globally. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI technical analysis: Capped by 20-HR MA and cluster of daily MAs FX Street 4 years Speaking at an event, opening the Aspen Economic Strategy Group meeting in Aspen, Colorado on Monday, the former Federal Reserve (Fed) President Janet Yellen endorsed a 25bps Fed rate cut this week. Key Quotes I would be inclined to cut a bit. I wouldn't see this as the beginning - unless things change - of a major easing cycle. But I do think it's appropriate. Think inflation is too low. Global economy was weakening because of trade conflicts that have created uncertainty for business investment. US interest rate increases have contributed to slower growth abroad. The US is not… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
