Soft Landing
A term used to describe a rate of economic growth high enough to avoid recession, but slow enough to avoid high inflation.
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.
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.
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