High inflation rarely has been tamed without precipitating a recession. Few economic prognosticators thought it could be done. Yet the Fed has steered inflation down toward its 2.0% target while allowing the US economy to fly, avoiding a hard landing.
Today, we look at the projections of economists who expected a hard landing of the economy and why their trusty models and indicators failed them.
Below is exclusive early access to Dr Ed's Webcast for paid members. This post and video will open to the public on a later date.
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