US Economy on Track for Soft Landing Amid Uncertainty
TL;DR Summary
Recent data suggests the US economy is on track for a soft landing, avoiding a recession. Indicators such as cooling inflation and a stabilizing labor market support this outlook. The Federal Reserve's interest rate decisions have been pivotal in achieving this balance, with expectations of potential rate cuts later this year. Experts believe the economy is transitioning to a more normal state, with growth slowing but not collapsing, and inflation trending lower.
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