The Fed Was Too Focused on The Soft Landing
The Fed was too focused on the soft landing and has stuck the U.S. economy with higher prices, Stifel chief economist says.
The Fed was too focused on the soft landing and has stuck the U.S. economy with higher prices, Stifel chief economist says.
You may have heard the US is not in a recession, and positive news about the economy doesn't end there. A soft landing seems imminent, if not upon us.
More than a year has elapsed since the collapse of Silicon Valley Bank, yet elevated interest rates continues to loom over the US banking landscape.
Jeffrey Gundlach, the chief executive of investment management company DoubleLine Capital, expects a U.S. recession as soon as this year.
Fed officials have made clear in recent weeks that they aren’t ready to cut interest rates yet, and finance professionals are getting the message.
Nearly five months through 2024, the major stock indexes are near record highs.
A disconnect remains in the US economy: growth and softening inflation versus Americans' pervasive pessimism and uncertainty about the future.