0 a sudden, big decrease in economic activity and in the money available for loans following a period of economic growth. A hard landing is usually the result of a central bank raising interest rates too much in an attempt to control inflation:
A hard landing for the US economy could send shock-waves through the global financial system.
NIEUWE WOORDEN
European
May 10, 2021
WOORD VAN DE DAG
Shimmer
hard landing
