Reported 14 days ago
Irene Tunkel, chief US equity strategist at BCA Research, argues that the Federal Reserve's ability to achieve a soft landing is more reliant on luck than skill. Tunkel emphasizes that while the economy currently appears stable, fragility in the job market raises concerns about its sustainability. Despite the Fed's recent 50 basis point rate cut, which has led to a surge in stock market indices, maintaining economic balance remains a complex challenge that could require a change in policy direction.
Source: YAHOO