The Fed no longer expects a recession!

a lot of fascinating things to work on and digest today, but the biggie for me: The Federal Reserve is no longer softly projecting a recession in its big group forecast. despite hinting at a willingness to hike rates higher, it is now, in essence, projecting a soft landing. wow. pic.twitter.com/2JMcnBMzJT

— talmon joseph smith (@talmonsmith) June 14, 2023