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Fed’s Evans: Premature to put too much weight on shape of yield curve

Additional comments from Chicago Fed President Charles Evans is now crossing the news wires, with key quotes, via Reuters, found below.

  • Long-term decline in long-term interest rates make it harder to interpret implications of flattening yield curve.
  • A flattening of yield curve might suggest heightened risk, but all other indicators are very strong.
  • It’s premature to put too much weight on shape of yield curve.
  • Fed policy to turn mildly restrictive in 2019.    

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