Janet Yellen: Possible next Fed move is a cut if global growth continues to slow

CNBC/Jeff Cox/2-6-2019

“‘Of course it’s possible. If global growth really weakens and that spills over to the United States where financial conditions tighten more and we do see a weakening in the U.S. economy, it’s certainly possible that the next move is a cut,’ she said. ‘But both outcomes are possible.’”

USAGOLD note: Three months ago we were talking about three rate increases minimum in 2019.  Now we are talking about a cut.

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