Fed's Powell: Soft Landing Possible, Must Move Carefully

The transcript discusses the concept of a soft landing in economic terms, exploring its feasibility and the challenges involved. It emphasizes the importance of restoring price stability and achieving a strong labor market. The speaker highlights the need for careful progress and acknowledges that some factors are beyond control, concluding with a cautious outlook on the likelihood of achieving these goals.

What is the speaker's perspective on the public's dependence on achieving price stability?

How does the speaker describe the desired labor market conditions?