As the Yield Curve Flattens, Threatens to Invert, the Fed Discards it as Recession Indicator
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This Fed is getting seriously hawkish: It revealed that instead of thinking about backing off rate hikes, it’s replacing the yield curve. In the minutes of the FOMC meeting on June 12 and 13, released this …