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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

The “soft landing” the Fed has hoped to achieve — slowing inflation to its 2% goal without derailing the economy — is becoming both trickier and riskier than Powell had bargained for.

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 ...

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 ...

With inflation cooling and hiring remaining strong, economists are now venturing that something other than a recession may be around the corner: a so-called soft landing. That's a quite a ...

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 ...