Road to Recession? Nevada economists weigh different possibilities for the economy’s future (The Nevada Independent)
Stephen Miller, director of research at UNLV’s Center for Business and Economic Research, said the Fed is stuck “between the rock and the hard place,” as it works to bring down the inflation rate without causing too many job losses.
Miller likened the Fed’s situation to trying to land a plane on an aircraft carrier with a runway that is too short. The Fed must be precise to navigate a “soft landing” for the economy.