More from the Atlanta Fed President (voter)
In more dovish comments, he added:
- Aim to keep Fed balance sheet unwind running in background
- yield curve is currently extremely flat
- we worry about flatness of yield curve
- yield curve does not guarantee a recession
- not clear that inverted yield curve is a signal - but only one - and does not guarantee recession will occur
- Trade policy is a source of uncertainty for economy
- Businesses are increasingly cautious due to trade uncertainty
- Trade touches every sector and every market
