soft landing

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Soft landing

A term describing a growth rate high enough to keep the economy out of recession, but also slow enough to prevent high inflation and interest rates.

Soft Landing

A situation in which a central bank raises interest rates gradually, but steadily, to curb inflation, while still attempting to keep the economy out of a recession. A hard landing is generally effective at reducing inflation, but it slows down growth. However, soft landings are considered more desirable than allowing inflation to run amok, which could necessitate a hard landing.

soft landing

A slowing of economic growth that avoids a recession and the accompanying high unemployment. The Federal Reserve may pursue a restrictive monetary policy to achieve a soft landing when the economy has been expanding at an unsustainable rate.
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References in periodicals archive ?
Beresheet met a much less peaceful fate than that of Beagle 2, the British-made craft which soft-landed on Mars in 2003, only to lose contact with Earth after two of its solar panels failed to deploy.
Chang'e-3, launched in 2013, was the first Chinese spacecraft to soft-land on and explore an extraterrestrial object.
The success made China the third country, after the United States and the Soviet Union, to soft-land on the moon.
Only America and the former Soviet Union have managed to soft-land a probe on the Earth's nearest celestial neighbour - although other probes have been deliberately crash landed after carrying out surveys from space.