A Federal Reserve official said it is becoming more likely that the US can achieve a soft landing, but cautioned that the scenario is 'not inevitable'. Reuters
A Federal Reserve official said it is becoming more likely that the US can achieve a soft landing, but cautioned that the scenario is 'not inevitable'. Reuters

Business

Economy

Fed sees 'clear progress' in inflation fight but timing of rate cuts less certain

US central bank says slashing interest rates more than necessary could make it difficult to tame surging prices

Kyle Fitzgerald
Kyle Fitzgerald
Washington

January 03, 2024