Federal Reserve’s Kashkari has said that the single best indicator of recessions is the inverted yield curve. More from Kashkari: The yield curve inverts because investors are nervous about future growth. The inverted yield curve is a concerning sign; I take the signal seriously. The US consumer is doing well, but businesses are reducing investments. FX implications: The markets are weighing the various negative inputs and the US Dollar is picking up a safe haven bid as the cleanest dirty shirt in the laundry basket. The markets have actually priced in around “15bp of easing at the 31 October meeting and a terminal rate of 0.94% (vs 1.88% currently),” according to analysts at Westpac. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Fed’s Kashkari says Cryptocurrency is a farce FX Street 3 years Federal Reserve's Kashkari has said that the single best indicator of recessions is the inverted yield curve. More from Kashkari: The yield curve inverts because investors are nervous about future growth. The inverted yield curve is a concerning sign; I take the signal seriously. The US consumer is doing well, but businesses are reducing investments. FX implications: The markets are weighing the various negative inputs and the US Dollar is picking up a safe haven bid as the cleanest dirty shirt in the laundry basket. The markets have actually priced in around "15bp of easing at the 31 October… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
