Federal Reserve Chairman Jerome Powell is seemingly walking away from the promise of a soft economic landing as the U.S. central bank tries to wrestle inflation under control with the most ...

Federal Reserve Chairman Jerome Powell said the path to achieve a "soft landing" has narrowed because the Fed hasn’t seen inflation coming down. A soft landing -- or a situation where the Fed ...

Powell said he felt the US was still heading towards a so-called soft landing where the Fed’s inflation target is met without a punishing rise in the unemployment rate – an achievement many ...

During Wednesday’s post-FOMC meeting press conference, Powell was asked if he still sees a path for a soft landing for the economy, with continued growth and inflation back at the bank’s 2% target ...

But inflation has ... unemployment,” Jerome H. Powell, the Fed chair, said Wednesday. As Fed policymakers look ahead to 2024, they are aiming squarely for a soft landing: Officials are trying ...

casting light on the tightrope the Fed tiptoes down as it seeks to stabilize inflation while keeping the economy strong. Powell declined to commit to a soft landing as a baseline scenario for the ...

When asked if a soft landing was now a baseline expectation, Powell said he wouldn't go that far. For now, the U.S. has seen progress in bringing down inflation without a big increase in ...

While the central bank is hoping to orchestrate a soft landing – the sweet spot between taming consumer demand and inflation without crushing economic growth – Powell admitted the task was ...

WASHINGTON — Federal Reserve Chair Jerome Powell said there’s “no guarantee’' the central bank can tame runaway inflation without ... achieve a so-called soft landing — raising interest ...

Also, Fed Chair Powell testified that the central ... is that the Fed is pulling off what no one really expected: a soft economic landing even as inflation continues to decline.

One year ago, that fabled “soft landing” Federal Reserve Chair Jay Powell and company were trying to pull off seemed unlikely. In June 2022, headline inflation was 9.1% and the thinking was ...