The US economy is nowhere near a recession, Goldman Sachs’ top economist says

News Snapshot:

New York CNN — The soft landing that once looked nearly impossible for the Federal Reserve to pull off is still on track. That’s the message from Jan Hatzius, the chief economist of Goldman Sachs. “Certainly, it doesn’t look like the economy is anywhere close to a recession,” Hatzius told CNN. Even though he concedes inflation has come in hotter-than-expected so far this year, the Goldman economist is sticking by his prescient call for a soft landing. “If I look at the news flow overall over the last year, it’s still very, very positive,” Hatzius said. “Inflation has come down...