Think Mirror

Jim Cramer says the Fed is on the cusp of a ‘soft, safe landing’ in its inflation fight

The collapse of multiple banks, the potential folding of start-ups and the general unease in the economy all suggest the Federal Reserve is on the “cusp of a soft, safe landing,” CNBC’s Jim Cramer said Tuesday.

“Until last week’s banking fiasco, I think [Federal Reserve Chair] Jay Powell was losing the war against inflation,” Cramer said. But the bank run which led to the failure of Silicon Valley Bank

and the concurrent tech troubles are signs that Powell is winning the battle, if not the war, he added.

https://www.cnbc.com/2023/03/14/cramer-fed-on-the-cusp-of-a-soft-safe-landing-in-inflation-fight.html