Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
WOW! Wilbur Ross says a recession will happen eventually, but this inversion is not reliable! USA!
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross on Monday added to a chorus of presidential officials downplaying concerns over a looming recession after the U.S. Treasury yield curve temporarily inverted last week for the first time in 12 years.
“Eventually there’ll be a recession but this inversion is not as reliable, in my view, as people think,” Ross said in an interview with Fox Business Network.
https://www.reuters.com/article/us-usa-economy-ross-idUSKCN1V912O
“Eventually there’ll be a recession but this inversion is not as reliable, in my view, as people think,” Ross said in an interview with Fox Business Network.
https://www.reuters.com/article/us-usa-economy-ross-idUSKCN1V912O
6 replies
= new reply since forum marked as read
= new reply since forum marked as read
