“My curves are not crazy.”
“Yield-curve inversions do not necessarily mean a recession, but they're usually tied to slowdowns.”
“We've never seen a recession without the yield curve inverting, but the corollary is not true: Just because the yield curve inverts does not mean we're going to have a recession.”
“It won't be an easy road. But it's not that dark. We aren't going around the curve without the light on.”
“One wants to make sure that it continues to build and not to be too far ahead of the curve in monetary policy if at the same time fiscal policy is also tightening.”
“It is going to follow what the nominal (Treasury) curve is doing. It's not that great of a surprise.”
“I'm not completely happy about it but I'll take it. The curve on the final didn't go as I wanted.”
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