1min snip

Planet Money cover image

A tarot card reading for the U.S. economy

Planet Money

NOTE

Predicting a Hard or Soft Landing for the Economy

The speaker believes that there will eventually be a hard or soft landing for the economy, although they don't think this is currently a popular viewpoint/nThe speaker predicts that a real landing for the economy is still a few years away/nThe economy has already adjusted as much as it will, according to the speaker/nMost of the effects of the Fed's actions on interest rates, mortgage rates, stock market, and dollar strength have already occurred/nThe speaker warns against predicting a soft landing solely based on the argument that inflation is mostly transitory

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