Economic Terminologies in news

Subject : Economy

Section :Monetary Policy / Money and Banking

Concept :

Hard Landing

A hard landing refers to a marked economic slowdown or downturn following a period of rapid growth.
The term “hard landing” comes from aviation, where it refers to the kind of high-speed landing that—while not an actual crash—is a source of stress as well as potential damage and injury.
The metaphor is used for high-flying economies that run into a sudden, sharp check on their growth, such as a monetary policy intervention meant to curb inflation.
Economies that experience a hard landing often slip into a stagnant period or even recession.

Soft Landing

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.