Chris Low on the Prospect of Achieving a Soft Landing

The low unemployment rate and improving inflation picture suggest a so-called “soft landing” could be on the horizon. Rate-sensitive sectors like tech and housing also seem to give a roadmap for how the economy can come into better balance without a significant increase in the unemployment rate. In this episode, FHN Financial’s Chief Economist Chris Low talks about why he’s skeptical the Fed can bring inflation down to its long-run 2% target without tipping the economy into a recession. Also, we discuss the market implications of this week’s FOMC decision and what the Fed will be looking at before the September meeting.