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The Fed's Chances of Engineering a Soft-Landing Are Slim.
#Fed #economy #recession #markets #interestrates #inflation #deflation
Today we will look at the Federal Reserve's track record during tightening cycles.
The verdict isn't great as virtually every time the US central bank goes on a tightening cycle recessions and major financial calamities take place.
Our verdict is that with the massive imbalances we have now the chances of Mr. Powell & Co. engineering a soft landing are very slim indeed.
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