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.