The article talks about how the Federal Reserve's plan might have worked well in controlling prices and making them steady by the year 2024. Goldman Sachs, a big company that helps people with money, thinks that inflation will go down slowly to 2.2%. Inflation means that things cost more over time, so this is good news for people who want to buy stuff without spending too much extra money. Read from source...

1. The title of the article is misleading and sensationalized. It implies that the Fed's strategy was either successful or unsuccessful, when in reality, it depends on various factors and perspectives. A more accurate title could be "Goldman Sachs Projects Steady Inflation Decline in 2024: What Does This Mean for the Fed's Strategy?"

Bullish

Key points:
- The Fed's strategy of tapering QE and raising interest rates is expected to pay off by stabilizing inflation and avoiding a recession.
- Goldman Sachs projects a steady decline in core PCE inflation from 3% currently to 2.2% by the end of 2024, within the Fed's target range.
- The economy is expected to grow at a modest pace of around 2.5% in 2024, supported by strong consumer spending and business investment.
- The main risks to the outlook are the possibility of higher inflation expectations, a faster-than-expected tightening of financial conditions, or a worsening of geopolitical tensions.

1. Buy US Treasury bonds (TLT) as they offer a safe haven for capital preservation in the face of inflationary pressures. TLT is expected to benefit from lower interest rates and increasing demand for fixed income assets. The yield on TLT is currently at 2.87%, providing an attractive return for investors seeking income.