Deep Tide TechFlow news, February 15, according to Jinshi reports, “Fed mouthpiece” Nick Timiraos wrote that key indicators of the U.S. economy are pointing in the same positive direction, inflation is declining, the labor market remains strong, and economic growth is solid. This is not the final conclusion, but it is the closest the U.S. economy has ever come to achieving a soft landing (i.e., curbing inflation while avoiding a recession). Just four years ago, many economists still considered this impossible. Now, the scenario of the U.S. economy bringing inflation back to the Fed’s 2% target without falling into a recession has become credible again. However, even if an oxygen mask is not needed, it is still too early to unfasten the seatbelt. The Fed’s preferred inflation gauge, the core PCE annual rate, is currently near 3%, and multiple forecasters expect little significant progress on inflation this year as tariff-related price increases spread to more areas.
