Capital Market Impact

Cycle Watch | September 2023: Soft landing looking more unlikely

September 18, 2023
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The big question facing policymakers is if it can pull off a soft landing where the economy cools off without a painful recession. This is a bit of an elusive scenario, but it’s happened before, with the Fed last pulling one off in 1994-95. While the initial descent has provided some good news on the inflation front, the economy plane is still not on the ground.


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