Soft Landing Fades? Economist Warns of ‘Hard Landing or No Landing’ for US Economy

The prospect of a smooth transition, or “soft landing” for the U.S. economy seems increasingly unlikely, according to Torsten Sløk, Chief Economist at Apollo Global Management, with his words coming shortly after hotter-than-expected inflation data in the country poured cold water on hopes the Federal Reserve would cut interest rates in March. During an interview, […] source: https://www.cryptoglobe.com/latest/2024/02/soft-landing-fades-economist-warns-of-hard-landing-or-no-landing-for-us-economy/