Yield curve inversion shows Fed needs to cut rates: Trump adviser By Reuters

Yield curve inversion shows Fed needs to cut rates: Trump adviser By Reuters



WASHINGTON (Reuters) – The inversion of the U.S. Treasury yield curve is yet another signal that the Federal Reserve needs to cut interest rates, White House trade adviser Peter Navarro said on Wednesday.

“The kind of volatility you see today in the inversion of the yield curve is sending yet another signal that the Fed needs to lower … interest rates by 50 basis points as quickly as possible,” Navarro told Fox Business Network.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link