Hard Landing


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Hard Landing

A situation in which a central bank raises interest rates significantly to curb inflation and, in doing so, drives the economy into recession. For example, in 1981, the Federal Reserve raised the fed funds rate to 20%, which caused inflation to drop from 13.5% in 1981 to 3.2% in 1983. However, high interest rates led directly to a deep recession in the early 1980s. A hard landing is effective at reducing inflation, but is nonetheless undesirable. As a result, central banks only attempt it when there are no other viable options. See also: Soft Landing.
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It would get serious for Germany if there were a hard landing -- that is, if there were growth of less than 3 percent.
Current stimulus measures appear to be sufficient to prevent a hard landing.
I think the chance of a hard landing is very low," Ma said.
Although [a] hard landing and tightening of credit following a crash in the housing market and defaults by real estate developers have a relatively low probability, such a scenario could mean significant erosion in domestic demand and China could experience an economic slow down," said Nariman Behravesh, chief economist of IHS.
Marine Corps MV-22 Osprey tilt-rotor aircraft made a hard landing in Nevada on Monday, the Las Vegas Review-Journal reported in its online edition.
Approached for comments, the ISAF media office said: "We can confirm a coalition aircraft conducted a hard landing in northern Afghanistan today.
The people died when the helicopter performed a hard landing, apparently in bad weather conditions, 45 kilometres (28 miles) northwest of the small town of Deputatsky in the Yakutia region in Russia's north.
Syria's Hard Landing How can Western governments help Syria?
The Austrian landed safely, but his capsule suffered a hard landing and required emergency repairs.
Summary: Concern is growing that China's economy could be headed for a hard landing.
The agency then underscored "the risk of a hard landing in major emerging market economies, including China, India and Brazil," followed by "an oil-price supply-side shock resulting from resurfacing geopolitical risks.
A PETROL station owner and an Iraqi adventurer trying to fly from Oregon to Montana in tandem lawn chairs suspended from party balloons made a hard landing after having to abort their flight due to thunderstorms.