Reported 5 days ago
The Federal Reserve's strategy appears to have achieved a soft landing for the economy, where growth in jobs and wages persists despite previous interest rate hikes. As Wall Street anticipates an economic rebound with forthcoming rate cuts, concerns arise about whether this optimism is warranted, especially as inflation continues to strain households and many Americans feel economically marginalized. Yahoo Finance's Brian Sozzi discusses these issues with Mastercard's chief economist, Michelle Meyer.
Source: YAHOO