Fed Hopes for 'Immaculate Disinflation' as Inflation Slows While Job Market Stays Strong
-
Inflation has slowed in earnest over the past year.
-
This is fueling hope that the Fed will be able to pull off "immaculate disinflation."
-
Immaculate disinflation means bringing down inflation without triggering a recession.
-
It refers to cooling price gains while maintaining a strong job market.
-
Some economists think it's possible, but others are skeptical.