Question Details

	Username: Maria Rating: Asked to: Talitha Taslim Date Created: 13 Jan 2016
Category	28
Tag	Financial
Question	Hard landing: what is it?

Advice from Guru

Hello Maria,

An economic state wherein the economy is slowing down sharply or is tipped into outright recession after a period of rapid growth, due to government attempts to rein in inflation. A hard landing may be the undesirable consequence of efforts by a nation's central bank to tighten monetary policy, so as to slow down growth and keep inflation in check. While a soft landing is generally the objective of such tightening measures, a hard landing may be the occasional - and unfortunate - result.

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