Federal Reserve says economic activity has increased in most regions, indicating the US economy is solid. In addition, in the labor market, it has become easier to secure workers in almost all regions.
There is growing speculation in the market that a so-called soft landing, in which inflation can be suppressed without causing an economic recession, can be achieved. However, Fed Chairman Jerome Powell has indicated that the Fed will continue to conduct policy while carefully monitoring economic indicators, as there have been cases in which prices have started to rise again.