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“Soft Landing” Very Unlikely As Global Inflation Crisis Rages On | Darius Dale & Juliette Declercq

Forward Guidance

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The Fed's Tightening of the Economic Cycle

I happen to think that we're very likely to get something that looks like a hard landing. I think the Fed does a poor job of communicating just how little they understand where the neutral radar is. The more likely you are to basically overshoot and the more likely you're going to end up with a hard landing because you won't be able to you turn fast enough. Could we get into a recession? Yeah, maybe we're certainly seeing recessionary signs. But it's our view again that that growth's going to slow significantly,. Whether or not we get a recession is a moot point.

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