The Fed’s “soft landing” is looking bumpy




Marketplace show

Summary: <p>The economic word of the day is … “ouch.” The S&amp;P 500 entered bear market territory as the Dow Jones Industrial Average shed almost 900 points. Meanwhile, inflation remains at a 40-year high while consumer sentiment is in the toilet. On today’s program, we’ll dig into recessionary fears and rate hike expectations ahead of tomorrow’s Federal Reserve meeting. We’ll also unpack the new bipartisan gun control framework and preview a post-inflation economy.</p>