Federal Reserve Bank of Cleveland: 'Does the Yield Curve Predict Output?
November 07, 2020
November 07, 2020
CLEVELAND, Ohio, Nov. 7 -- The Federal Reserve Bank of Cleveland issued the following working paper (No. 20-34) entitled "Does the Yield Curve Predict Output?" by Joseph Haubrich, senior economic and policy advisor​ in the Research Department.
Here are the excerpts:
Does the yield curve have the ability to predict output and recessions? At some times and in certain places, of course! But many details are matters of dispute: When and where does the yield curv . . .
Here are the excerpts:
Does the yield curve have the ability to predict output and recessions? At some times and in certain places, of course! But many details are matters of dispute: When and where does the yield curv . . .