Powell and the Fed aim for the soft landing despite all the Volcker-nonsense of 2022/2023. Will inflation ever drop to 2% if the animal spirits are unleashed again? Tails look fat for 2024.

Powell and the Fed aim for the soft landing despite all the Volcker-nonsense of 2022/2023. Will inflation ever drop to 2% if the animal spirits are unleashed again? Tails look fat for 2024.
Some early indicators of inflation have started to show worrisome signals 4-6 months down the road, which may lead to a resurfacing of inflation trends before the first battle is even won. Is the double-top inflation narrative warranted? Let’s have a look at pros and cons.