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WEKU
Scott Horsley

The Fed's mission improbable: Beating inflation without causing a recession

Federal Reserve Board Chairman Jerome Powell. (Mark Wilson/Getty Images)

The U.S. Federal Reserve has a delicate job in front of it — pumping the brakes on the economy in such a masterful way that it achieves what is known as a "soft landing."

Basically, the central bank is trying to curb demand and bring prices under control without tipping the economy into recession.

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