Soft Patch

Soft Patch
A period of economic slowdown amid a larger trend of economic growth. This buzzword is most often used in the financial media and by the U.S. Federal Reserve to describe a period of economic weakness.

This term gained popularity when former Federal Reserve Board Chairman Alan Greenspan used it in his review of the overall U.S. economy. Central banks often cut interest rates in an attempt to spur the economy through the soft patch. An example of a soft patch would be an economic slowdown due to rising commodity prices, which is believed to be short term, with the economy growing at a faster rate after the slow patch.


Investment dictionary. . 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Soft patch — Patch Patch, n. [OE. pacche; of uncertain origin, perh. for placche; cf. Prov. E. platch patch, LG. plakk, plakke.] 1. A piece of cloth, or other suitable material, sewed or otherwise fixed upon a garment to repair or strengthen it, esp. upon an… …   The Collaborative International Dictionary of English

  • soft patch — noun 1. : a patch for a crack in a metallic vessel (as a steam boiler) consisting of a soft material (as putty) covered and held in place by a plate bolted or riveted fast 2. : a plate and gasket used as a temporary repair to cover a break or… …   Useful english dictionary

  • Patch — Patch, n. [OE. pacche; of uncertain origin, perh. for placche; cf. Prov. E. platch patch, LG. plakk, plakke.] 1. A piece of cloth, or other suitable material, sewed or otherwise fixed upon a garment to repair or strengthen it, esp. upon an old… …   The Collaborative International Dictionary of English

  • Patch ice — Patch Patch, n. [OE. pacche; of uncertain origin, perh. for placche; cf. Prov. E. platch patch, LG. plakk, plakke.] 1. A piece of cloth, or other suitable material, sewed or otherwise fixed upon a garment to repair or strengthen it, esp. upon an… …   The Collaborative International Dictionary of English

  • Soft sculpture — is a type of sculpture made using cloth, foam rubber and similar material. It was popularized by Claes Oldenburg in the 1960s. Xavier Roberts, the creator of the popular Cabbage Patch Kids made his first dolls using this method.External links*… …   Wikipedia

  • patch test — Med. a test for suspected allergy by application to the skin of a patch impregnated with an allergen: allergic reaction is indicated by redness at the site of application. [1930 35] * * * Controlled application of biological or chemical… …   Universalium

  • patch — {{Roman}}I.{{/Roman}} noun 1 material over a hole VERB + PATCH ▪ have ▪ Her jeans have patches all over them. ▪ sew on/onto ▪ She wore a jacket with bright patches sewn onto it. PREPOSITION …   Collocations dictionary

  • soft — adj. VERBS ▪ be, feel, look ▪ become, get, go, grow, turn ▪ stay …   Collocations dictionary

  • soft grass — Velvet Vel vet, n. [OE. velouette, veluet, velwet; cf. OF. velluau, LL. velluetum, vellutum, It. velluto, Sp. velludo; all fr. (assumed) LL. villutus shaggy, fr L. villus shaggy hair; akin to vellus a fleece, and E. wool. See {Wool}, and cf.… …   The Collaborative International Dictionary of English

  • Cabbage Patch Kids — Type Dolls Inventor Debbie Morehead and Xavier Roberts[1] …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”