- ORIGINAL NEWS
The Federal Reserve could achieve a soft landing after all. Here’s what that would mean for you
- SUMMARY
The Federal Reserve is expected to leave interest rates unchanged after its upcoming meeting.
Inflation remains high but has decreased, raising the chance of a soft landing for the economy in 2024.
Consumers may experience relief from high borrowing costs, but prices may stabilize instead of decreasing.
Achieving a Goldilocks scenario, where growth avoids recession and doesn’t fuel inflation, is possible.
However, some experts remain cautious as stock markets may be overly optimistic.
The central bank will need signs of economic slowdown and rising unemployment to justify rate cuts.
The job market shows signs of easing, increasing the likelihood of a recession in late 2024.
- NEWS SENTIMENT CHECK
- Overall sentiment:
neutral
Positive
“Inflation continues to drift lower, increasing the possibility of securing a sought-after soft landing.”
“Consumers should start to see borrowing costs ease in 2024.”
Negative
“Prices aren’t coming down anytime soon, experts say.”
“‘Mild and short recession can’t totally be ruled out.'”