In a TV interview today with CNBC, coinciding with the Credit Suisse Asian Investment Conference, Charles Evans, Chicago Federal Reserve President, was asked about the inversion of the US Treasury yield curve. ‘’Whenever the yield curve gets flat, we see growth decelerating and, like I say, I’m looking for almost 2 per cent growth this year’’. He added that his models see that the probability of a recession in the US is no more than 25 per cent.
To continue reading, register today
to enjoy limited access to the following:
- Daily trading news
- Funds coverage
- Features on big investment themes
- Comprehensive companies coverage
- Economic analysis