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NY Fed President Remains Confident In 'Well Positioned' Economy For Soft Landing Amid Rate Cut Adjustments
Tuesday, October 8, 2024 - 5:21am | 582John Williams, President of the New York Federal Reserve, expressed confidence in the Federal Reserve’s strategy to achieve a soft landing for the U.S. economy. He emphasized the central bank’s current monetary policy as effective in sustaining economic growth while curbing inflation....
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Fed's Rate Cut 'Maintain A Soft Landing Trajectory' For US Economy, Says Goldman Sachs
Tuesday, September 24, 2024 - 9:11am | 543Goldman Sachs CFO Denis Coleman stated that the Federal Reserve’s recent decision to lower interest rates by 50 basis points positions the U.S. economy for a soft landing. What Happened: The Federal Open Market Committee voted last Wednesday to reduce the benchmark overnight borrowing rate by...
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US Stocks In Line For Boom Like 1995 As Soft Landing Appears On The Horizon, Says Expert
Friday, August 16, 2024 - 4:09am | 596Paul Christopher, the head of global investment strategy at Wells Fargo, has projected a significant upswing in the stock market, comparable to the boom seen in 1995. What Happened: Christopher’s forecast draws on similarities between the current market conditions and those of 1995, a year...
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After Jerome Powell Hinted That Rate Cut Is Round The Corner, Investors Caution Soft Landing 'Risks Are Two-Sided'
Thursday, August 1, 2024 - 3:53am | 662The U.S. Federal Reserve’s impending rate cuts have investors questioning the potential impact on the economy. The primary concern is whether the Fed can achieve a smooth economic transition without stalling growth or reigniting inflation. What Happened: Investors are evaluating the Federal...
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'Dr Doom' Nouriel Roubini Suggests 'Good News On Growth May Be Bad News For The Market' Amid No Landing Fears
Tuesday, March 5, 2024 - 7:53am | 591In a recent interview with Bloomberg TV, economist Nouriel Roubini expressed concerns about the possibility of the U.S. economy not experiencing a soft landing, which could lead to a “no landing” scenario. This could result in continued reacceleration of growth, potentially causing...
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Goldman Sachs CEO Cautions On Overconfidence In US Economy's 'Soft Landing': 'Hard For Me To See It's Going To Be That Simple'
Thursday, February 29, 2024 - 7:30am | 641Goldman Sachs Chief Executive Officer David Solomon has cautioned investors against placing too much trust in the Federal Reserve’s capacity to orchestrate a “soft landing” for the US economy amidst the ongoing battle against inflation. What Happened: Solomon, speaking at a UBS-...
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Can The US Continue To Be A Driver Of Global Economic Growth? Mohamed El Erian Says Automaticity Of A 'Very Soft Landing' Challenged By These 3 Key Factors
Wednesday, February 28, 2024 - 12:58am | 731The U.S. economy’s position as the primary driver of global growth is being questioned, despite optimistic forecasts. What Happened: This concern was raised by economist Mohamed El Erian in an article he shared on X, formerly, Twitter on Tuesday. "Together, all these factors challenge...
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Jamie Dimon Says He Is 'Cautious About Everything' Amid Recession Fears: 'Always A Mistake To Look At Just The Year'
Tuesday, February 27, 2024 - 12:57am | 817JPMorgan CEO Jamie Dimon has expressed his concerns about the U.S. economy, warning of a potential recession and the market’s underestimation of the risks. What Happened: Dimon, speaking at the JPMorgan High Yield and Leveraged Finance Conference in Miami on Monday, cautioned that the U.S....
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Citi Economist Dismisses Soft Landing Narrative For US: 'Not Seeing It In The Data'
Friday, February 16, 2024 - 8:37am | 639The U.S. economy will not be having a soft landing and instead is heading for a recession in 2024, according to Citi’s chief economist, Andrew Hollenhorst. What Happened: Hollenhorst expressed his concerns about the impending economic downturn in an interview with CNBC and indicated...
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SpaceX Halts Launch Of Intuitive Machines' Robotic Moon Lander Due To Technical Glitch
Wednesday, February 14, 2024 - 3:52am | 659The much-anticipated launch of a private U.S. moon lander has been postponed due to a technical issue. The mission, which is being closely watched as part of the U.S. Artemis moon program, has been rescheduled for the following day. What Happened: The launch of the Nova-C lunar lander, developed by...
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Former Fed Economist Claudia Sahm Credits American Workers, Fiscal Policy For A Soft Landing In 2024, But Praises Powell For Not Crashing
Thursday, December 14, 2023 - 9:24pm | 979In a series of tweets on Thursday, former Federal Reserve economist Claudia Sahm shared her insights on the potential for a soft landing in 2024, crediting Federal Reserve Chair Jerome Powell for this outcome. Using a flight simulator image of Everest base camp’s Lukla airport, Sahm...
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Janet Yellen Foresees 'Soft Landing' Amid Inflation Anxiety: 'I Believe That's The Path We're On'
Wednesday, December 13, 2023 - 4:44am | 610Treasury Secretary Janet Yellen reassured that the U.S. economy is on track to handle inflation without plunging into a significant economic downturn, achieving what is known as a soft landing. What Happened: The Wall Street Journal reported on Tuesday that Yellen shared her optimistic outlook...
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US Economy Gearing Towards 'Soft Landing' Amid Inflation Concerns, Predict Economists
Thursday, November 16, 2023 - 4:04am | 654Notwithstanding the fears of inflation, economists are optimistic about the U.S. economy achieving a rare “soft landing.” This implies a return to pre-pandemic inflation rates without triggering a recession or substantial economic downturn. What Happened: As reported by The Wall Street...
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'Soft Landing' For US Economy Is The Right Path, Central Banker Says
Monday, July 31, 2023 - 2:26pm | 398The U.S. economy continues to demonstrate resilience. That’s according to Federal Reserve Bank of Minneapolis President Neel Kashkari. What Happened: Kashkari aligns with the Fed’s economists’ outlook that the horizon is clear of an impending recession. Despite the ongoing...
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Controlling Your Cannabis High: As Edibles Become Mainstream, This Mother-Son Team Has A Solution
Thursday, June 15, 2023 - 11:56am | 687Cannabis edibles are becoming an increasingly popular alternative to smoking, even though the latter has long been the go-to option for many cannasseurs. Amanda Reiman, chief knowledge officer at New Frontier Data, told Green Market Report there has been a noticeable upsurge over the last year...