Can the Fed land a ‘Goldilocks’ monetary policy landing? - a podcast by American Bankers Association

from 2022-06-03T18:49:04

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Federal Reserve Chairman Jerome Powell recently referred to a “soft-ish landing” as a potential outcome for monetary policy as the Fed raises rates to cut inflation. On the latest episode of the ABA Banking Journal Podcast — sponsored by IntraFi Network — ABA Economic Advisory Committee Chair Richard DeKaser offers the EAC’s consensus forecast that the Fed will indeed stick the landing, reducing inflation gradually without harming employment or causing a recession.

DeKaser, who is also chief corporate economist at Wells Fargo, also discusses the EAC’s outlook for the housing market, job openings and the labor force, and credit quality.

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