Monday, August 19, 2019

Trump downplays recession fears

U.S. President Donald Trump has downplayed concerns that the country
is heading towards a recession.

Fears of an economic contraction were sparked last week when the yield
on 10-year bonds dipped below that of the two-year.

This so-called inverted yield curve hasn't occurred in over a decade
and economists believe they're often seen before recessions hit.

William Denselow reports from New York.

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