Soft landings' are rare for the Fed. Crash landings are more like it.
From Greg M
Since World War Two, the Fed has achieved a so-called soft landing arguably just once, in the mid-1990s. Every other time the Fed has embarked on a rate-raising cycle the economy has crashed.
Why so? Higher borrowing costs depress consumer spending and business investment, which in turns leads to rising layoffs. That reduces spending even further until a recession results.
Read more. Click HERE.
“Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate”
-James Garfield (assassinated)
Fed seems to have their own vernacular- "transitory inflation", "peak inflation" "soft landings" and "V shaped recoveries" They tell you what you want to hear as to quell logical panic among the masses.