A soft landing, in economics, is a cyclical slowdown in economic growth that avoids recession. A soft landing is the goal of a central bank when it seeks to raise interest rates just enough to stop an economy from overheating and experiencing high inflation, without causing a severe downturn. Soft landing may also refer to a gradual, relatively painless slowdown in a particular industry or economic sector.
A recession is a significant decline in economic activity lasting more than a few months, normally visible in real gross domestic product (GDP), income, and employment. Read more
The Federal Reserve once again increased the pressure pushing down on inflation—and the economy—raising its benchmark interest rate by a quarter-point in its tenth and what could be the final rate hike of its current campaign. Read more