Skip to content
Apply
Stories

What is an economic ‘soft landing’ and why are economists ‘cautiously optimistic’ the US will achieve one?

People in this story

An economic “soft landing,” although often “elusive,” is “a primary objective” of the Federal Reserve. But what exactly is it and how will we know if we achieve it? 

Robert K. Triest, professor and chair of the Department of Economics at Northeastern University, and William Dickens, a professor of economics and public policy at Northeastern, described a soft landing as using monetary policy to reduce inflation without tipping the economy into a recession.

As for where we are in regards to such an outcome?

“We may not have stuck the landing yet, we may be on the runway,” Dickens says. “But we’re still carrying a lot of speed, and still in danger of going off the runway.” 

Continue Reading at Northeastern Global News.

More Stories

Our top-ranking cities for climate resiliency: 2024 study

05.13.2024

Plastic Pollution Treaty Talks

05.12.2024

One-third of bridges in the United States need fixing. Here’s how to do that without wreaking havoc on supply chains and commuters

05.15.24
All Stories