, Columnist
Pulling Off a Soft Landing Depends on the Pilot
History and evidence weigh on the side of coming down hard, but the Fed seems determined to avoid a recession as long as it can.
Coming in.
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With reluctance, but a sense of inevitability, it’s necessary to return to the question of whether the global economy (and particularly the US) can make a “soft landing.” Partly, that’s because it’s surged as a topic of excitement in the last week. Just look at this post on X: