Looking for a moderate steady inflation is a hypothetical target.
Present economic policies failed to introduce an example of a society living permanent moderate inflation.
A soft landing would be a period of slower economic growth and moderate inflation without an increase in unemployment.
Anything other than mild or moderate inflation is generally accepted in economics to be a bad thing.
"The most likely set of conditions a year from now is probably solid growth, moderate inflation," he said.
The stock market rallied for all of 10 minutes because of a report showing moderate inflation.
Treasury prices were mixed yesterday despite data that pointed to continued moderate inflation.
There are numerous signs of continued moderate inflation in the United States.
The four governors said the economy was still slowing to a point of steady, sustainable growth with moderate inflation.
But that has also been a period of moderate inflation.