Fed’s Kashkari warned that a recession may occur if policymakers press forward with interest-rate increases and notes he is also concerned about what the bond market is telling us

- A flattening yield curve is often viewed as a caution signal for the economic outlook

- He thinks the big cost is potentially anchoring low inflation expectations

- It's possible we could end the expansion by our own action

18 Dec 2017 - 19:46- Fixed Income- Source: WSJ

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