Q: more rate hikes confident inflation & soft landing? A: stable growth: up and down

#shorts On 3/3/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, ” I wanted to ask you about inflation. The Fed said today, actually in its semi-annual report to Congress — it suggested that more rate hikes would be needed to curb inflation. And I know you all have been fairly confident that inflation is slowing and that this would all lead to a soft landing. I’m curious if you will still feel that a soft landing is possible. And if so, can you help me understand why you are so confident in that assessment?

KJP: And we have said that it’s — it — there’s going to be a — it’s going to go into a steady and stable growth, and sometimes there’ll be some ups and downs. Right? We have been very clear about that. I think the last …

other clips of this published longer video is here: <a href=“https://youtu.be/cqwkPMibGYY\” rel=“nofollow”>https://youtu.be/cqwkPMibGYY

Q: more rate hikes confident inflation & soft landing? A: stable growth: up and down

Key Points

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#shorts On 3/3/2023, a reporter asked White House Press Secretary Karine Jean-Pierre, ” I wanted to ask you about inflation

• The Fed said today, actually in its semi-annual report to Congress — it suggested that more rate hikes would be needed to curb inflation
• And I know you all have been fairly confident that inflation is slowing and that this would all lead to a soft landing
• I’m curious if you will still feel that a soft landing is possible