soft landing

Austan Goolsbee talks about the Fed’s timing in moments of transition, if COVID is still affecting the economy, and why he’s a “data dog.”

A strong stock market and a vibrant economy that never fell into recession have boosted earnings at financial institutions.

Fed Chairman Powell told a congressional committee not to expect a victory lap when and if the Fed decides it has finally beaten inflation.

He says there’s likely to be a rate cut this year, but he won’t say when.

The National Association for Business Economics’ latest forecast predicts higher economic growth and lower unemployment.

Fairly low unemployment, gradually slowing inflation and continued economic growth are all positive signals. But there are risks too.

The yield hit a 16-year record Tuesday. Could that mean trouble for the Federal Reserve’s effort to cool inflation and prevent a recession?

Federal data also shows fewer people quit last month, bringing rates back in line with pre-pandemic levels.

There are only so many options. Ideally, they don’t include a boom or a bust.

If the Fed can tamp down inflation without sparking a recession, it would be only the second time in history in U.S. history.