Fed's Quarles: Yield curve inversion not a harbinger of recession

Eren Sengezer FXStreet

Head of Supervision at the Federal Reserve (Fed), Randy Quarles, said that he didn't see the yield curve inversion as much a "harbinger of recession."

Key quotes (via Reuters)

Fed communications of policy in general has been "pretty good".
Fed should be comfortable if inflation was 'mildly' above 2 percent for a period.
Yield curve due to size of Fed balance sheet.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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