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I was feeling pessimistic about this report. If jobs stay strong, and inflation keeps easing we might be seeing that soft landing I was doubtful of.
I think that’s inflation cut in half from last year’s peak now, so we’re definitely getting there. It really does seem like the soft landing is a likely outcome at this point, we mostly keep getting closer to it.
Yep. We went from worst inflation since the 80s to inflation of moderate concern all without jobs numbers being impacted by rates. Wish we would raised rates a bit sooner, but it seems worst case crisis has been avoided for now.