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More Jobs, Bigger Paychecks... And The Risk Of Recession?
The NPR Politics Podcast
Can the Fed Engineer What's Called a Soft Landing?
The fed is trying to respond to inflation, and with the best tool they have is to raise interest rates. But big a risk are they taking that they will cool things too much, or that throwing it into reverse is going to cause the clutch to fall out? The question that lots of investors are asking is, can the fed engineer what's called a soft landing? Can they slow the economy just enough to bring inflation down, but not too much that we sink into a recession? And and the uncertainty about that is why you're seeing those wild swings in the market, just it is a perilous moment.
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