Soft Landing
A term used to describe a rate of economic growth high enough to avoid recession, but slow enough to avoid high inflation. Investopedia Says:
When the economy is growing at strong rate, the Fed will try to engineer a soft landing by raising interest rates enough to slow the economy down without putting it into recession.
Alan Greenspan, the former chairman of the Federal Reserve Board, was a master at the soft landing. Related Terms:
Alan Greenspan
Contraction
Fed
Hard Currency
Hard Landing
Inflation
Recession |