This recession indicator flashed again as the Fed signaled more rate hikes. It hasn't been wrong for 44 years

This recession indicator flashed again as the Fed signaled more rate hikes. It hasn't been wrong for 44 years

Upworthy

Published

None Jerome Powell indicated more interest-rate hikes would be necessary to curb inflation Wednesday. • None Parts of the yield curve inverted deeper after the Federal Reserve Chair's comments. • None The yield curve has inverted before every major US recession since 1969. Parts of the US bond…

#jeromepowell #noneparts #federalreservechair #federalreserve #ustreasury #fedchair #portugal #spain #treasury #federalreservebank

Full Article