East Pittsburgh, PA
48°
Cloudy
6:51 am6:11 pm EDT
March 1, 2024 7:25 pm

Federal Reserve’s ‘Soft Landing’ Goal Has Become Bumpier with Rate Hike Plan Hit by Bank Turbulence | Opinion

Federal Reserve policymakers have targeted a “soft landing” for the U.S. economy since beginning their effort a year ago to tame runaway inflation by hiking interest rates. That is, they believed they could do so without sending the U.S. into recession.