Stock market indexes (^GSPC, ^IXIC, ^DJI) fell after the Fed’s FOMC meeting minutes showed interest rates will stay restrictive until inflation meaningfully drops toward regulators’ 2% target. While fiscal tightening may have peaked, Lafayette College Chief Investment Officer Krishna Mermani expects a gradual descent in economic pressures.
As sectors like retail slow, supporting disinflation, Mermani believes the groundwork is laid for a soft landing scenario. He says the slight market selloff partly reflects the Fed’s rapid tightening effects, signaling the economy will naturally decelerate. However, the speed of slowing remains uncertain. If conditions improve without reaccelerating inflation, Mermani notes to Yahoo Finance that the Fed will have successfully completed the soft landing investors are looking for.
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soft landing is a fantansy every one likes to repeat but never happen
If housing price not significantly drop it need mass unemployment to reach 2% inflation since the shelter inflation is 70% of sticky inflation now.
If companies can pay higher wages. Off of output and profit margins.
And our economy will turn around.
Mainstream media is lame. Support. Independent, non-biased news channels like ours, New Money US!
First Indian I don’t trust.