Sticking the Landing

I’m Chris Anstey, a senior editor for economic policy in Boston, and today we’re looking at US policymaker confidence in a soft landing. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X, the social media platform formerly known as Twitter, via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Last November, Federal Reserve Chair Jerome Powell was candid on the chance of the US achieving a soft landing: “the path has narrowed.” When the March banking turmoil erupted, he said the pathway “still exists.”