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The US is nearing a dream scenario where inflation falls without a spike in unemployment, according to Morgan Stanley's top economist Seth Carpenter.

Rick Bowmer/ AP

  • The US is nearing a dream no-recession scenario, according to Morgan Stanley's top economist.
  • Falling inflation and steady growth show the Federal Reserve is closing in on a soft landing, Seth Carpenter said.
  • “Boy, the data are surprising to the upside,” he told Bloomberg TV Wednesday.

The US is edging closer and closer to a dream economic scenario, according to Morgan Stanley's top economist.

Seth Carpenter said Wednesday that he believes the Federal Reserve is near to achieving a so-called "soft landing" – where it manages to bring down inflation without causing a spike in unemployment.

Tags
economy, economy, morgan-stanley, federal-reserve, interest-rates, Recession, soft-landing, us-economic-outlook, us-economy-and-markets
Source
The US is likely to dodge a recession in a dream soft-landing scenario, Morgan …