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Peter Morici: The stock market expects a ‘soft landing’ from the Fed — but that isn’t a sure thing


With core inflation at about 3%, Fed Chair Powell is taking quite a gamble talking about rate cuts. U.S. Federal Reserve Chair Jerome Powell is preparing the financial markets for an economic soft landing. Recently he testified in Congress that the central bank may soon be able to start lowering interest rates. Powell's optimism parallels

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Posted: April 2, 2024 Tuesday 07:05 AM