Soft Landing Takes Shape

The outlook, authored by Carl Tannenbaum, Ryan James Boyle, and Vaibhav Tandon, outlines key economic trends as the U.S. moves toward a soft landing. Key points include:

- U.S. inflation is moderating, with a CPI increase of 2.4% in September, the lowest in three years.
- The labor market remains resilient, with unemployment at 4.1%, though wage growth of 4.0% raises inflation concerns.
- The Federal Reserve is expected to gradually lower rates through 2025.

For more detailed insights into the economic outlook, access the full report.