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Bloomberg: Fed Ready to Unshackle U.S. Economy With Soft Landing at Stake

byBrianna Wilson
September 16, 2024
in News

Aiming for a soft landing for the U.S. economy, the Fed is expected to lower interest rates by at least a quarter percent this week — though the economic future still remains extremely uncertain, according to Bloomberg.

In fact, Bloomberg cites only one time in U.S. history that a soft landing has been successful, leaving economists and investors to wonder if it’s too late to avoid a recession.

Read the full Bloomberg article.

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