Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.

America seemed headed for an economic fairy-tale ending in late 2023. The painfully rapid inflation that had kicked off in 2021 appeared to be cooling in earnest, and economic growth had begun to gradually moderate after a series of Federal Reserve interest rate increases. But 2024 has brought a spate of surprises: The economy is … Read more