The narrative of a soft landing today appears the same as it was in 2007/2008.
U.S. economy on track for soft landing -Dallas Fed
"WASHINGTON, Sept 26 2007 (Reuters) - U.S. inflation pressures are easing and the economy should manage a soft landing, the Federal Reserve Bank of Dallas said on Wednesday."The latest data reinforce the impression of an economy in which growth remains moderate and inflationary pressures are likely to continue to subside," it said in a national economic review written by senior Dallas Fed staff economist Tao Wu."
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