Page 2 - Phil Suttle News Today

ORLANDO, Florida (Reuters) - Engineering a soft landing is hard. But if you zoom out from the strictest definition of the term, the U.S. Federal Reserve has managed it more often than is generally believed. | 08:41am

Engineering a soft landing is hard. But if you zoom out from the strictest definition of the term, the U.S. Federal Reserve has managed it more often than is generally believed.

Engineering a soft landing is hard. But if you zoom out from the strictest definition of the term, the U.S. Federal Reserve has managed it more often than is generally believed.

Bank of Canada is sticking with its plan to pause interest rates increases — for now, despite a recent job surge. Read more

Bank of Canada had led the way on interest rates in the global battle against inflation. Read more from Kevin Carmichael

The Return of Inflation Makes Deficits More Dangerous

The warning signs are multiplying and Federal Reserve Chair Jerome Powell is struggling to explain how it can be avoided: U.S. recession is very likely if the Fed delivers the inflation-busting interest rate increases it has flagged. The thing is though, he doesn’t need to explain. The Fed has a dual mandate which states that ...

U.S. Treasury Secretary Janet Yellen this week issued a ‘mea culpa’ on getting it wrong on inflation. If the economy tips into recession in the next year or two, the Federal Reserve may have to follow up with one on the yield curve. The 10-year U.S. Treasury yield falling below the two-year yield – the ...