Other economists warned against taking the inversion as gospel about the likelihood of a recession. „Historically, it has been a pretty good signal of recession, and I think that’s when markets pay attention to it, but I would really urge that on this occasion it may be a less good signal,” former Federal Reserve chair Janet Yellen said on Fox Business Network. „The reason https://www.canada-goosejacketsale.org for that is there are a number of factors other than market expectations about the future path of interest rates that are pushing down long term yields.”.
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