The president of the Federal Reserve Bank of Chicago warned that it is still “too early to declare victory” on the U.S. achieving an economic “soft landing.” President and CEO of the Federal Reserve Bank of Chicago Austan Goolsbee cautioned on CBS’s “Face the Nation” that there are still numerous “concerning data points” that may affect a so-called “soft landing.” “It’s too early to declare victory. We made a lot of progress. So the thing to remember is every time in the past that the Fed or other central banks around the world have had to get inflation down a lot,” he said. “It has — basically always been accompanied by a major…
