Is Goldilocks in the house? The US economy isn't hot or cold

Writing for Stuff, Devon Head of Retail Greg Smith suggests that a scenario whereby wage growth decelerates, and inflation generally continues to ease, may prompt the Fed to dial back on interest rate tightening, despite the jobs market remaining very strong, and unemployment low. Such a situation would also be consistent with Fed Chairperson Jerome Powell’s view of a soft economic landing.

To read the full article by Greg Smith please click here.