By most indications, the Federal Reserve has engineered a soft landing for the economy. Loosely defined, that is a scenario where the economy is still growing solidly in terms of jobs and wages despite a heavy dose of interest rate hikes from the Fed. Now, many on Wall Street expect the economy to reaccelerate into the year-end and into 2025 as the Fed kicks off a rate-cutting campaign. But are investors being too optimistic about the economy? After all, inflation continues to pressure the average household, and many Americans have felt economically left behind over the past four years. Yahoo Finance Executive Editor Brian Sozzi sits down with Mastercard Economics Institute chief economist Michelle Meyer inside the Nasdaq MarketSite in Times Square to get an inside view of the US economy and how things may shake out post-election for consumers.
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