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Forget Hard Or Soft Landing: Meet The Rolling Recession
Mild slumps that ripple through the economy can slow inflation without putting too many people out of work.
11 Feb 2023, 04:19 PM IST
(Bloomberg Businessweek) -- You’ve heard about a hard landing of the economy. That’s a full-blown recession where millions of jobs are lost. And you’ve heard about a soft landing. That’s where the economy slows to a nice, steady pace without decimating the labor market as inflation comes down.
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