Experts are increasingly wary that America’s economy is not landing at all, as was thought to be the case earlier. Rather than settling down with a “soft landing”, the economy seems to be booming as inflation rises more quickly than usual. That is why the Fed is hesitant to cut policy rates, and will not also commit to a date for the same. A key inflation report released recently by the Fed showed that prices in the US picked up more than expected in March. The Fed Chair has emphasized that strong growth gives Central Banks the ability to delay rate cuts. Given the complex economic picture prevailing in the US, Fed policymakers are taking an increasingly cautious stance discussing about when and how much borrowing costs could be pruned.




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