As 2024 comes upon investors faster with every day, experts are now believing the Fed may reach its inflation mandates and promote GDP growth in the new year with a recession.
Yardeni Research President Ed Yardeni explains the economy has been more resilient than even he expected, reconsidering his past recession calls.
“It’s almost contrary to agree with the Fed, and I’ve been a contrarian saying the Fed may actually get it right. Inflation may come down and they may get it without a recession,” Yardeni tells Yahoo Finance.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
#youtube #FederalReserve #yahoofinance
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
it’s a pivot point for the economy heading to a recession – a serious one.
Too late for that
people are so delusional lol
they can go up 100 basis points, but anything more than that is not expected
499 views 1 hour ago
May Fed is using AI to do their job? 😀 , in that case we r more definately have a chance for no recession.🤐
This is horrible news because Jerome Powell , Mary Daly , & Larry Summers all want unemployment to increase. They say it all the time. “Softening labor markets” means “Americans lose their jobs”.
Larry Summers “We need five years of unemployment above 5% … in other words … two years of 7.5% unemployment or five years of 6% … or one year of 10%”
Windfall tax would get money out of the economy and end inflation.
Parody
hard landing, soft landing, young gen are dying if it takes longer to land.