Landing Softly Is Just the Beginning

Daly, Mary C.

Journal Article

Landing Softly Is Just the Beginning

Abstract: The economy has significantly improved from just two years ago. Inflation has fallen substantially, and the labor market has returned to a more sustainable path. A soft landing is achievable, and the Fed is resolute to finish the job. But looking ahead, we should strive for a durable and sustained expansion that helps all Americans. The following is adapted from remarks presented by the president of the Federal Reserve Bank of San Francisco at the New York University Stern School of Business in New York City on October 15.

Keywords: inflation; labor markets; monetary policy; central banking;