Arranged around the theme, “Finding Harmony in the Noise: Transitioning to a New Normal,” the conference will assess the challenges facing global business and policy leaders as they navigate their companies and their countries through uncertain economic times, marked by
- geopolitical instability,
- elevated inflation and interest rates, and
- supply chain issues, as well as enduring tests including climate change and growing fiscal imbalances.
A soft landing in the business cycle is the process of an economy shifting from growth to slow-growth to potentially flat, as it approaches but avoids a recession. It is usually caused by government attempts to slow down inflation. --- Wikipedia
Fed’s Powell Says Rate Cuts Can Sustain Soft Landing, but Sees No Need to Rush
Central-bank leader calls the economy solid; ‘we intend to use our tools to keep it there’
Updated ET
0:33/5:44
NASHVILLE, Tennessee, Sept 30 (Reuters) - Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not "in a hurry" after new data boosted confidence in ongoing economic growth and consumer spending.
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