We’ll see tomorrow morning.
Not unreasonable to assume. A major driver will likely be wage growth. That is the b*tch about trying to tame inflation. We will be very lucky if we pull off a soft landing, but it is looking promising so far. But we are not out of the woods by any means.
What does soft landing mean? Stagnation? Slowed economy? Moderately high unemployment, moderately high interest rates, moderately high inflation?
IMO, soft landing will mean whatever the media is told it means (political talking points). And we will be told to be thankful.
if the Fed can raise interest rates just enough to slow the economy and reduce inflation without causing a recession, it has achieved what is known as a soft landing . But there is no official definition of a soft landing.
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It won’t be that soft if crooked Joe has his way:
There it is.
Luckily, you don’t need the media to tell you if it is a soft landing or not. The raw data is readily available for people to draw their own conclusions.
I don’t need someone else’s data to count my own money.
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I think this CPI report (which I describe as “in line”) opens the door for the Fed to cut rates in June by 25 basis points, which is good for inspectors.
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Cutting the rate would be good for inspectors and I hope they do, but they (The Fed) have said they won’t lower them until inflation gets down to 2%.
PPI is another inflation indicator to watch. It came in higher than expected for April.
They lie. They’ll cut rates in June. No choice.
Yeah, we have been on this merry-go-round.
Who started this narrative? Janet Yellen. That’s Bidenomics.
I agree, it is a soft landing because soft landing is undefined. We can apply it to the wound as generously as we please. Just spread it all over.
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Election year. Government Needs to cut rates to spur growth and to say he will cut them more next year.
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Yeah, I mean a Ph.D. in economics, a professor emeritus in economics and business, served in several Federal Reserve Board and Council of Economic Adviser positions, and current Secretary of the Treasury.
She should stay in her lane and not be making comments about inflation and the state of the economy. 
Yeah, (Inflate the debt away.) … this is the thinking of those that agree with Yellen:
“in one sense, next year’s debt is even bigger than this year’s debt, because it goes up with interest. But in another sense, next year’s debt is smaller, because part of it is inflated away and so you don’t need to pay back as much.”
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She is an idiot. Like most of those “scholars” who have never produced anything in their life except for failed policy. And then get promoted for it. Failing upwards is their only skill set.
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Yes, it is more of an advanced economic theory. I’m not going to pretend to know all the nuances, but you can get a small primer here.
What Does It Mean For The Government To Inflate Away Debt? — PTM Wealth Management.
They are gonna kill it with their new $5 meal promo. But, if you really enjoy the arches, as I do, take your receipt and go fill out the 1 minute survey. Then you get a code for buy one get one free samich. I go there about twice a month and always use a code. Get two samiches and skip the fries and drink. Cost about $6 and I always have my own water in the truck.