Post by Derek Thompson: Good thread on the possibility of a soft landing for the economy. The big question was whether we c...

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Derek Thompson @DerekThompson · Feb 5, 2023

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Good thread on the possibility of a soft landing for the economy. The big question was whether we could get low unemployment, slowing wage growth, moderating core inflation, and stabilized lower energy prices, all at once. Fingers crossed: for now, we’re getting it.

Tweet Feb 5, 2023

Lots of economists, including many at the Fed, think the economy is well beyond full-employment. The current 3.4% Urate is well below the full-employment Urate of 4% or higher. Unemployment must increase a lot (aka recession) to quell wage growth and

by Mark Zandi

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