The current expansion continues to roll on despite rising interest rates and sticky inflation. The Fed has attempted to slow down the economy with tightening monetary policy over and over. But consumer spending and employment seem to remain impervious. Fed Chair Powell has hinted at the possibility of a soft landing as an alternative to a recession. But what exactly is a soft landing? How is it different than a recession? And how could the economy and financial markets respond during a soft landing? Joining us today to answer these questions – we have Nationwide’s Chief Economist, Kathy Bostjancic and Senior Economist Ben Ayers.
Part One: What is a soft landing? (19 min)
Part Two: How likely is a soft landing? (20 min)
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