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Soft Patch

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Soft Patch
A period of weak economic performance amid a longer strong performance. That is, a soft patch is mild slowdown between two periods of high economic growth. Central banks usually cut target interest rates during a soft patch to encourage a return to growth. The term is somewhat informal and usually used in the media and by the Federal Reserve.


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Murtagh said: "He hit a soft patch off the bend into the straight and when that happened it was a case of getting him balanced again and trying to win without being too hard on him.
The modification suggests that some economic data in Japan indicate a soft patch in corporate capital spending.
The ground is generally good to soft, with a soft patch between the eight and six furlong poles.
 
 
 
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