Nobody remembers now the soft-landing Fed' speeches.
With this 0.5% cut, it now becomes clear what they meant for soft-landing: bailing-out, and printing more money in hope this would making the recession and inflation risks dissipate by themselves over a much longer time frame.
Only time will tell if there will be a soft landing indeed.
With this 0.5% cut, it now becomes clear what they meant for soft-landing: bailing-out, and printing more money in hope this would making the recession and inflation risks dissipate by themselves over a much longer time frame.
Only time will tell if there will be a soft landing indeed.