Fed Chair Powell targets "soft landing" for US economy while addressing inflation.

In a recent speech, Federal Reserve Chair Jerome Powell announced the central bank's goal of achieving a "soft landing" for the US economy, aiming to slow growth without triggering a recession. He expressed optimism that the inflation issues affecting the nation for three years have been addressed. However, many Americans are skeptical, concerned that this strategy may still result in job losses and diminished economic opportunities.

September 03, 2024
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