![MBA Newslink Logo](https://newslink.mba.org/wp-content/themes/mba-newslinks/assets/img/logos/mba-newslinks-child-page-logo.png)
Fed’s Bullard Warns Yield Curve May Invert in a ‘Bearish’ Sign
Bloomberg, Dec. 1, 2017–Steve Matthews
Federal Reserve Bank of St. Louis President James Bullard cautioned that short-term interest rates may exceed long-term rates by late 2018, creating a so-called inversion of the yield curve that would bode poorly for the U.S. economy.