
MacroVoices #362 Jeff Snider: Soft Landing or Crash Landing?
Macro Voices
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Is the Fed Pulling Off a Soft Landing?
A lot of people are starting to say maybe the Fed has pulled off a soft landing. I'm skeptical of that view but it doesn't seem like we're in the deep recession, says Burns. The question is what does that mean? Does it mean consumer prices go back to 2% as you alluded to or is there a little bit more of a more nuanced there where consumer prices might fall a little bit and then come back up with some disinflationary level between.
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