Jun 15, 2022
Powell Says Hitting Soft Landing ‘Not Going to Be Easy’
Bloomberg News
,(Bloomberg) -- Federal Reserve Chair Jerome Powell says that “it’s not going to be easy” to get a soft landing, but there’s a “pathway” to get there.
He added that there is “a path for us to get there,” while discussing getting inflation to 2% and maintaining a “strong labor market.”
Powell, however, did explain that there are “many factors that we don’t control” that will “play a significant role in whether that’s possible or not.”
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