‘This is the Definition of a Soft Landing:’ Harris on Economy, Fed Rate Path

Ben Harris, Former Assistant Secretary of Economic Policy at the US Treasury Department, discusses the Treasury Department releasing new analysis on how President Biden’s economic agenda has raised the purchasing power of American households. He also talks about what the economy may look like in 2024, and whether or not he sees the Federal Reserve cuttings rates in 2024. Ben Harris speaks with Annmarie Hordern and Joe Mathieu on Bloomberg’s “Balance of Power.”