Your Weekend Reading: Economists Come Around to a Soft-Landing Scenario

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Your Weekend Reading: Economists Come Around to a Soft-Landing Scenario
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The US economy keeps growing. Heat records keep falling. And Donald Trump is bracing for a possible third indictment, this time for allegedly trying to cling to power after losing the 2020 election. Here’s your Weekend Reading

despite all those predictions that the Federal Reserve’s rate-hike campaign would trigger a downturn. Indeed, talk of a recession among perpetual skeptics is even petering out. The gross domestic product picked up steam in the second quarter, key inflation measures, consumer spending is rising and the labor market remains at near-historic strength.

rethinking unrealized predictions of a downturn. Some are even growing confident that Fed Chair Jerome Powell can accomplish a soft landing. In Europe though, the picture isn’t

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