{
  "p": "ons",
  "op": "post",
  "title": "Powell Says There’s Still Pathway to Soft Landing",
  "url": "https://archive.is/1yWtb",
  "author": "Harriet Torry (@HarrietTorry)",
  "body": "Federal Reserve Chairman Jerome Powell said there’s still a pathway to achieve a \"soft landing,\" or getting inflation down without a recession, but “it’s too early to say” whether the recent turmoil in the banking sector will have an effect on those prospects.\n\nHe acknowledges that it’s hard to see how the recent events have helped the possibility.\n\n“There’s a pathway to that [soft landing], it still exists, we’re certainly trying to find it,” Powell said.\n\nEarlier in the press conference, he said the costs of failing to get inflation down to 2% are real, pointing out that it is hard to invest capital and hard for the economy to perform well when inflation is high and volatile."
}