The spread on the 10-year Treasury yield and that of the 2-year back to normal with the longer term rates higher than the shorter term ones. Last week's inversion set off a debate about the reliability of the indicator. Even when it does predict a recession, it is, on average, 22 months early, according to Credit Suisse.
In the minutes of the July meeting, central bankers called their first rate cut in more than a decade a "recalibration," emphasizing it is not on a "pre-set course" for future cuts.China's President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9, 2017.The U.S.
Tariffs against China is the ONLY way they will OPEN UP their markets and FREE US Companies from its PROTECTIVE trade practices which has been going on for the past 50+ years
Anything I need to know about crypto? 24/7 open.
You hacks forgot to put recession up there. I’m sure you’ll be harping on it all day long. Recession in a booming economy.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »