Regulatory scrutiny of tech giants could hurt their ability and appetite to do multi-billion-dollar deals.
, addressing a key market concern about the future, said the move of near-term bond yields above their longer-duration counterparts is only one consideration when determining what the economy will look like in the future.
The inverted yield curve is not "an oracle," he said Thursday during a question-and-answer session with CNBC's Steve Liesman. Previous occurrences have been reliable recession indicators, particularly when the three-month Treasury yield rises above the benchmark 10-year note. "I don't go it like an oracle: 'Tell me the answer, will there be a recession?'" Williams said following a speech he delivered in New York to the Council on Foreign Relations. "I think it's like other market indicators. It's telling us that there's heightened concerns about the risks on the outlook."
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
NY Fed President John Williams rails against low inflation and calls for central bank actionThe comments come amid rampant speculation about the Fed's next move, but Williams did not address monetary policy in specifics.
Weiterlesen »
Fed Governor Brainard backs up Powell's view that the Fed is 'prepared to adjust policy'The remarks echoed those a day earlier from Fed Chairman Jerome Powell and others who said they are closely watching the impact the trade war is having on the economic outlook.
Weiterlesen »
Clarida says Fed cannot be 'handcuffed' to U.S. market pricesThe U.S. Federal Reserve will consider investors' expectations when they we...
Weiterlesen »
Stocks Close Sharply Higher as Fed Hints at Possible Rate CutMajor indexes rose, with the Dow climbing 512 points, as Fed officials hinted the central bank could lower interest rates if the economy slows.
Weiterlesen »
Powell says Fed 'will act as appropriate' to sustain economic growthFed Chair Jerome Powell says the central bank is 'closely monitoring' America's trade disputes and will 'act as appropriate' to sustain economic growth. His remarks are helping to send the Dow toward its best day since February.
Weiterlesen »