The US economy is floating toward a gentle landing.
The financial and economic communities have been questioning for months whether the United States would be able to pull off a historic soft landing that would rein in inflation and stave off a recession. As it happens, that may have already occurred. Even if GDP and employment growth were strong, the Bureau of Economic Analysis amended its numbers on Thursday to reveal that, in the third quarter of 2023, inflation increased at an annualized rate of 2%, just on line with the Federal Reserve. This
