Business economists give soft landing the side-eye

  • 📰 axios
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A new survey offers a bit of insight into the way the Fed's actions can affect the psychology of people who help make decisions in corporate America.

A new survey shows business economists are skeptical the Fed can bring inflation down to its target without sinking the economy.The survey offers a bit of insight into the way the Fed's actions can affect the psychology of people who help make decisions in corporate America.The numbers, published on Monday morning, are from the National Association of Business Economists — a group of people who work largely for private-sector companies, rather than academia.

Results show roughly three-quarters of respondents don't think the Fed can bring inflation down to its stated target of 2% without setting off a recession.If private-sector economists are advising executives that a recession is likely around the corner, that could create something of a self-fulfilling prophecy — as executives delay new projects and investment, both of which make a recession more likely to come to pass.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

as they should. a soft landing is a fantasy dreamed up by politicians who can't admit they juiced the economy until it couldn't be stimulated any more and the crash is not only inevitable but more severe than if they had taken steps earlier.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla stock split, Peloton earnings, Fed Jackson Hole symposium top week aheadFOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Source: FoxBusiness - 🏆 458. / 53 Read more »