Inflation went from 9% to 3% without a recession. Some people want to give all the credit to the Federal Reserve. I think they got lucky. The soft landing, or whatever you want to call it, happened despite the Fed’s best efforts to cause people to lose their jobs and throw the economy into a recession. It helped that corporations and households came into the rising rate environment prepared. Corporations locked in l...

source: https://awealthofcommonsense.com/2024/07/are-higher-rates-finally-starting-to-impact-consumer-finances/