Federal Reserve's Neel Kashkari on the single best indicator of recession

Author: Eamonn Sheridan | Category: Central Banks

Minneapolis Federal Reserve Bank President Neel Kashkari speaking in a Q&A session. Spoiler alert: inverted yield curve 

  • single best indicator of recessions is the inverted yield curve
  • yield curve inverts because investors are nervous about future growth
  • says inverted yield curve is a concerning sign; I take the signal seriously
  • says US consumer is doing well, but businesses are reducing investments

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