Federal Reserve’s ‘soft landing’ goal has become bumpier with rate hike plan hit by bank turbulence
- Written by Ryan Herzog, Associate Professor of Economics, Gonzaga University

Federal Reserve policymakers have targeted a “soft landing” for the U.S. economy since beginning their effort a year ago to tame runaway inflation by hiking interest rates. That is, they believed they could do so without sending the U.S. into recession.
But the...