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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Soft Landing			Two US army pilots were killed when a helicopter experienced a hard landing," in Salaheddin, the statement said without giving further details. Two US helicopter pilots killed in hard landing by Times of Oman (Muscat, Oman) This helps a fragile industry avoid a hard landing. Professor cheers scrappage boost; INDUSTRY: Coventry expert backs ... by Coventry Evening Telegraph (England) The western military alliance in a statement said one ISAF unmanned aircraft did experience a hard landing near Konduz. ISAF spy plane makes emergency landing in Kunduz by Pajhwok Afghan News (Kabul, Afghanistan)			Hangarkeepers Legal Liability Insurance Hangout Hans Eichel Hao Hara-Kiri Swap Haram Harami Cross Harbor Fee harbor line Harbormaster Hard Asset Hard Assets Hard Budget Constraint Hard Call Protection Hard Capital Rationing Hard Commodity Hard Copy hard costs Hard Currency Hard Dollars Hard Dot Hard Ecu Hard Edge Hard Hat Hard Insurance Market Hard Landing Hard Loan Hard Manufacturing Hard Money Hard Offer Hard Proof Page Hard Red Winter Wheat Hard Sell Hard Side Hard-Core Unemployed Hard-to-Borrow List Harden Hardening Hardship Hardship Allowance Hardship Withdrawal Harmless Warrant Harmonic Average Harmonized Index of Consumer Prices Harmonized Sales Tax Harmonized System Harmonized System Committee Harmonized Tariff Schedule Harrod-Domar Growth Model Harrod-Neutral Technical Progress Harry Dexter White			hard hat Hard Hat Area Hard hats Hard hats Hard hats hard heads hard hitter Hard HO Hard House Federation hard hyphen Hard Insurance Market Hard Insurance Markets Hard Interference Cancellation Linear Minimum Mean Squared Error hard iron Hard Kill hard knocks Hard Knocks Martial Arts Hard Knocks University Hard Knox Roller Girls hard labor hard labor hard labor hard labor Hard Labor Creek Observatory Hard Labor Creek State Park Hard Labor Creek State Park Hard labour Hard labour Hard labour hard lac Hard Landing hard landings hard landings hard landings Hard Landscape Training Group hard lead hard lead hard lens Hard light Hard Light Productions hard line Hard lines Hard lines Hard lines Hard lines Hard link Hard Link Arm Safe Device hard linking Hard links hard liquor hard liquor Hard Loan Hard Loans Hard Luck Hard Luck Hard Luck Hard Luck Motor Club Hard Luck Story hard macro hard magnetic material hard mallet

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