Yield curve could invert later this year, Bullard says

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The yield curve could invert later this year or next year, according to Federal Reserve Bank of St. Louis President James Bullard, but it is only a sign of a coming recession if it stays negative for a meaningful period of time.

Speaking to reporters at the Eurmoney conference, Bullard said there's quite a lag between yield curve inversion and recession so "there would be time to debate" how to avoid the downturn.

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Monetary policy James Bullard Federal Reserve Federal Reserve Bank of St. Louis FOMC
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