Soft Landing in the Monetary Policy of the USA and the Euro Area
DOI:
https://doi.org/https://doi.org/10.37075/RP.2025.2.02Keywords:
Monetary policy, Inflation, Soft landing, Recession, UnemploymentAbstract
The current research examines the implementation of a "soft landing” in the monetary policies of the United States and the euro area, in particular the transition from contractionary to expansionary monetary policy due to the achievement of an inflation rate close to the target of two percent. The aim of the "soft" policy measure is to prevent a potential future recession by limiting the accelerated increase in the unemployment rate and the decline in the real economic growth rate.References
RCM Beyer, MR Chen, F Misch, C Li, EO Ozturk… (2024). Monetary policy pass-through to interest rates: Stylized facts from 30 European countries. URL: https://books.google.com/books?hl=en&lr=&id=eLXuEAAAQBAJ&oi=fnd&pg=PA5&dq=Monetary+Policy+Pass-Through+to+Interest+Rates+Stylized+Facts+from+30+European+Countries+Beyer&ots=d3vD_ff1VH&sig=OV1ph2RtUz6xNF5N5UXAzVNNB7E
European Central Bank (2024). Delivering a soft landing: a historical perspective of monetary policy cycles. DOI: https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240925~bec0a9ffbe.en.html
Bryan Mena (2024). ‘The time has come’: The Fed just sent a crucial message about its next move. DOI: https://edition.cnn.com/2024/08/23/economy/fed-crucial-message-rates/index.html
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Copyright (c) 2025 Anika Petkova (Author)
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