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Podcast: Money Life with Chuck Jaffe
Episode: Nationwide's Bostjancic: The economy is now set up for 'a softer soft landing'
Description: Kathy Bostjancic, chief economist at Nationwide, says that despite the recent fears over economic numbers that sent the stock market scrambling last year, the economy is now set up for "a softer soft landing," especially if the federal Reserve cuts rates by at least 0.75 percent by the end of the year. Phillip Carlsson-Szlezak, global chief economist at BCG, says there is "nothing in the numbers today that is consistent with recession," and he notes that the big sell-off at the start of the week did not signal any sort of change in the fundamentals; that's part of a broader...