Fed's Quarles: Current flattening of yield curve is not a signal pointing to a recession

Author: Greg Michalowski | Category: Central Banks

Speaking in Washington

Fed's Quarles is in Washington speaking at the Bretton Woods committee annual meeting in Washington.

His comments are varied:
  • Crypto currencies currently do not pose serious risks to financial stability
  • Smaller banks should get different liquidity rules
  • He doesn't view current flattening of yield curve as a signal pointing to a US recession
 If there are other comments or questions answered, they will be tacked on, but it seems like his comments are rather general.