NFIB Weekly News
Fed Faces Challenge Of Creating Economic Soft Landing. (01/08/2019)
The Wall Street Journal (1/6, Ip, Timiraos, Morath, Subscription Publication) reported that the Federal Reserve’s challenge for 2019 is engineering an economic soft landing – moderating growth so inflation is contained while avoiding a recession. While domestically the economy looks strong, falling stock prices and bond yields show recession risks due to slowing foreign economies. The former suggests increasing interest rates, the latter lowering them.