This podcast episode explores the challenging task of achieving a soft landing for the economy, where the Fed aims to tame inflation without triggering a recession. While the Fed's interest rate hikes have shown some success in lowering inflation, economists caution that the path to a soft landing remains uncertain. Challenges include the potential for prolonged high interest rates, a continued strong economy, and factors outside the Fed's control like rising oil prices. The episode sheds light on the complex considerations the Fed faces and emphasizes the risks associated with its delicate balancing act.