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Federal Reserve Bank of Chicago
Economic Perspectives
Soft landings on a bumpy runway
Francesca Eugeni
Charles L. Evans

Our case study of the 1995 economic slowdown reveals that part of the widespread deterioration in economic indicators was predictable in light of 1994 monetary policy actions. But it was also partly unanticipated due to a modest adverse supply shock in the first quarter of 1995.

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Francesca Eugeni & Charles L. Evans, "Soft landings on a bumpy runway" , Federal Reserve Bank of Chicago, Economic Perspectives, issue May, pages 14-27, 1996.
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Keywords: Monetary policy - United States ; Monetary policy ; Recessions
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Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

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