Things are looking brighter for the US economy and it will dodge even a 'soft' hit to growth as inflation falls, Ed Yardeni says

• The US economy will likely avoid a recession or even a slowdown as inflation cools, according to Ed Yardeni.
• "I'm not in the recession camp. I'm in the soft landing camp now and I'm wondering whether it should be in the no landing camp," Yardeni told CNBC.
• Many analysts and market commentators have predicted a recession this year following a surge in interest rates.

The outlook for the US economy is cheerier than Wall Street would have you believe, and the country will likely avoid a recession or even a slowdown this year as inflation continues to cool, according to Ed Yardeni.