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Economic Commentary

How Soft a Landing?

While nearly everyone in attendance at a recent Fourth District Economists’ Roundtable agreed that the economy is in a cooling-off period that should last well into 1990, few predicted a recession. There was a less agreement on the "livability" of the current rate of inflation, however.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Nickels, Paul J., and John Erceg. 1989. “How Soft a Landing?” Federal Reserve Bank of Cleveland, Economic Commentary 11/15/1989.

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