Former Fed chair Janet Yellen told CNBC that if the US economy slows down, the Fed’s next rate action could be a cut
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Janet Yellen: Possible next Fed move is a cut if global growth continues to slow'It's certainly possible that the next move is a cut... both outcomes are possible,' Former Fed Chair Janet Yellen on the likelihood that the FOMC could move to cut interest rates.
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Former Fed Leader Yellen Says Rate Cuts, Hikes Both PossibleFormer Federal Reserve Chairwoman Janet Yellen’s views on monetary policy and the economy are still largely in alignment with her former colleagues.
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Janet Yellen says the Fed's next rate action may be a cutWall Street is anxiously reading the Federal Reserve's tea leaves about when it will next hike rates. Janet Yellen says the Federal Reserve could wind up cutting interest rates if the US economy slows down.
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