The Fed expects a 'soft landing' and no recession for the economy. We could get stagflation instead

The Fed expects a 'soft landing' and no recession for the economy. We could get stagflation instead

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I am especially wary of economists — that includes Federal Reserve members and well as former Fed members — who are quick to see a soft landing for the U.S. economy. Soft landings are rare. Former Fed Vice Chair Alan Blinder, in a Wall Street Journal opinion article last year, went so far as to…

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