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Market Cap:
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Cryptocurrencies: 6897
Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CryptoGlobe
2024-02-14 23:39:06

Soft Landing Fades? Economist Warns of ‘Hard Landing or No Landing’ for US Economy

Soft Landing Fades? Economist Warns of ‘Hard Landing or No Landing’ for US Economy

The prospect of a smooth transition, or “soft landing” for the U.S. economy seems increasingly unlikely, according to Torsten Sløk, Chief Economist at Apollo Global Management, with his words coming shortly after hotter-than-expected inflation data in the country poured cold water on hopes the Federal Reserve would cut interest rates in March. During an interview,

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