Attention Economy


Thursday, December 28, 2023

Back to the Mid-1990s?

Soft Landing Talk Prompts 1990s Flashbacks
https://www.wsj.com/finance/investing/soft-landing-talk-prompts-1990s-flashbacks-ef10366f
A soft landing for the U.S. economy in 1995 was followed by a boom. Could it happen again? 

The Fed’s Remarkable Feat
https://www.project-syndicate.org/commentary/fed-monetary-policy-near-perfect-humbling-for-commentators-on-all-sides-by-j-bradford-delong-2023-12
When it comes to the lessons of history, current economic fundamentals, and the broader macroeconomic outlook, there is plenty for monetary-policy watchers to debate. But all should be able to agree that the US Federal Reserve has carried out an exceedingly difficult task almost perfectly.