The Fed's mission improbable: Beating inflation without causing a recession
Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done.
The U.S. Federal Reserve has a delicate job in front of it — pumping the brakes on the economy in such a masterful way that it achieves what is known as a "soft landing."
Basically, the central bank is trying to curb demand and bring prices under control without tipping the economy into recession.
But cracking down on sky-high inflation is already turning out to be a tough task. The Fed's top policymakers later this week are
