The United States and the European Union can avoid recession and achieve a soft landing by bringing inflation down to an acceptable level, a US central bank official said Tuesday.
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General view of Midtown Manhattan skylines, New York city, pictured from One World Trade Center tower in downtown New York city, on July 31, 2022. -- Photo: Daniel Slim/ AFP
2022-08-03 11:39:08
The United States and the European Union can avoid recession and achieve a soft landing by bringing inflation down to an acceptable level, a US central bank official said Tuesday.
"A soft landing is feasible in the US and the EA (euro area)," St Louis Federal Reserve President James Bullard during a speech at New York university.
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