Central banker predicts level interest rates for 2019
TUPELO, Miss. (AP) — A central banker says he believes interest rates are likely to remain level for the remainder of 2019 if economic growth remains on its current course.
The Latest: Fed officials ponder the yield curve signal
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's speech in Jackson Hole, Wyoming (Eastern daylight time):
One of the topics at this year's gathering of central bankers is the slope — not of the Grand Teton Mountains but of the yield curve. That is the difference between short-term interest rates and long-term rates.