Fed will maintain tightening – but soft landing still possible

Fed will maintain tightening – but soft landing still possible

From omfif.org

The US Federal Reserve is likely to carry on with active monetary tightening to break 8%-plus inflation even at the risk of provoking a recession. But the chances of a ‘soft landing’ – or only a modest recession – are relatively favourable, in view of underlying US economic resilience and a still-dynamic labour market. That was a principal conclusion of a wide-ranging two-day symposium organised by OMIF and the Federal Reserve Bank of Philadelphia, assembling public and central banking officials and financial market practitioners from the US, Asia and Europe. Opening the Philadelphia seminar, supported by the ... (full story)

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Jun 23, 2022 2:54pm Jun 23, 2022 2:54pm

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Typical to start. All CBs (the world over) suggest they got a handle on it -------------> will be soft no worries. Except they forget to say ...But we have no road map guys and the map we used the last time is completely outdated. Do get a parachute or two just in case.

The Crow (-_-)

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Posted: Jun 23, 2022 1:35pm
Submitted by:
Newsstand

Category: Fundamental Analysis

Comments: 1 / Views: 628