Economic Perspectives

Despite Yield-Curve Inversions, Recession Appears a Long Way Off

Authored by Brian Jones, FHLBNY Financial Economist

Highlights

September 10, 2019

Even before it became the longest expansion in U.S. history in July, the longevity of the current business cycle upturn prompted market participants and commentators to look for signs of its impending demise. With real business activity ambling along at an above-trend pace…

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