Bond market yield curve inverts, signaling Fed may be too slow to cut rates, risks recession
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Bond market yield curve inverts, signaling Fed may be too slow to cut rates, risks recession

US News Rank

Federal Reserve Chairman Jerome Powell reacts during a press conference in Washington D.C., the United States, on July 31, 2019.
Liu Jie | Xinhua | Getty Images

Market moves were modest after the Fed released minutes of its last meeting, but the message was clear — the market still fears the Fed will not be aggressive enough in its rate cutting to save the economy.
Soon after the Fed’s 2 p.m. ET…

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