Federal Reserve Bank of St. Louis
Does the Yield Curve Really Forecast Recession?
An inverted yield curve doesn’t forecast recession; it forecasts conditions that make recession more likely.
Cite this item
David Andolfatto & Andrew Spewak, "Does the Yield Curve Really Forecast Recession?"
, Federal Reserve Bank of St. Louis, Economic Synopses, issue 30, pages 1-2, 2018.
This item with handle RePEc:fip:fedles:00126
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