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After last week’s FOMC meeting, Federal Reserve Chairman Jerome Powell claimed that a “soft landing” was still possible. In other words, he thinks the central bank will be able to slay red-hot inflation without tipping the economy into a recession. Is this feasible? Or is it a fairytale? Economist Daniel Lacalle leans toward fairytale. The […]
The post Is Fed Chair Jerome Powell’s “Soft Landing” Even Possible? first appeared on SchiffGold.