The collapse of SVB raises a quandary for the Fed, which must continue to fight inflation while making sure that rising rates don’t further undermine financial stability.

While a soft landing may sound enticing, firms are facing a number of challenges. The typical recession playbook of retreating and cutting to fight another day is not suited for the challenges of today’s strong economy.

Inflation and wage growth have slowed, but unemployment remains at a record low, making a soft landing possible for the U.S. economy.

Will the US and Europe be in recession in 2023? As the year comes to an end, the customary flow of economic outlooks is in full swing. Many outlooks are looking for something to break in the economy, yet the most obviously broken thing is the economic outlook itself.

Over the last many months we’ve stressed the continued strength in the US economy, particularly as it contrasts with weakness in Europe. But this strength is a curse as well as a blessing.

Jimmy Carter and the market veto of his budget in early 1980 come to mind when watching investors' harsh rebuke of the UK budget. In a new Fortune article we revisit the learning from that episode when high inflation was a clear constraint on stimulus tools - fiscal and monetary alike.