Fed's Daly is not freaked out by yield curve inversion

Fed's Daly says yield curve inversion "may not predict a recession as it has in the past."

More:

  • A lot of factors that weigh on long term rates that flattens the yield curve.
  • Hopes investors are not freaked out either. 

Fed’s Daly: Fed funds rate now at neutral

Fed’s Daly backs ‘patient stance’, wants to look at data and has so far said that data has been ‘slightly slower’ than expected.  
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USD/MXN supported by 19.00, holds near 19.10

The USD/MXN pulled back yesterday and traded momentarily below 19.00 but rose back above and today climbed to 19.10. As of writing trades at 19.08, up
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