Deep Tide TechFlow News, April 15 — Former U.S. Treasury Secretary Janet Yellen said she still believes the United States could cut interest rates later this year, but oil price volatility caused by the Iran war has cast a shadow over the outlook. Yellen said, “This is essentially a broad supply shock, spreading from gasoline prices to liquefied natural gas, fertilizers, food, shipping costs, and semiconductors.” Yellen added that while she does not rule out the possibility of needing to raise interest rates, stable long-term inflation expectations suggest that such a situation is unlikely to occur right now. “My guess is that rate-cut measures could be introduced by the end of this year. I think that is entirely possible—and the most likely scenario. However, many things could happen.” (Jin10)