As inflation descended closer to typical levels in the fourth quarter of 2023, with production, job growth and capital markets performing strongly, economists continued their predictions of a soft landing for the economy to come to fruition.
In light of the data suggesting that runaway inflation has finally been curtailed, the Federal Reserve foreshadowed a gradual reversal of the hawkish policy that began in March 2022.
Honkamp Shareholder Rob Leibfried shares the fourth quarter’s economic highlights and forecasts for 2024: Economic overview and forecast for Fourth Quarter 2023