In 2017, an article in the Wall Street Journal noted that the Feds aim is to guide
Question:
In 2017, an article in the Wall Street Journal noted that “the Fed’s aim… is to guide the economy to a soft landing…. But executing
a soft landing is notoriously difficult to pull off.”
a. What does the article mean by a “soft landing”?
b. Why is it difficult for the Fed to pull off a soft landing? What are the consequences for the economy if the Fed fails to pull off a soft landing?
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a A soft landing refers to a decline in inflation or preventing a rise in inflation w...View the full answer
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