Economic sentiment improves as inflation cools and the Fed considers rate cuts, signaling a shift towards a potential soft landing.
The "vibecession," a disconnect between economic performance and public sentiment, may be ending as inflation cools and the Federal Reserve signals potential interest rate cuts. Improved consumer sentiment indicates a shift towards a more stable economic outlook, with many economists now predicting a soft landing rather than a recession. This change suggests that Americans' perceptions are aligning more closely with the economy's actual performance.
September 09, 2024
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