Monetary tightening, the likelihood of a 'soft landing' and the Beveridge curve in the US and the UK

Darby, Julia (2023) Monetary tightening, the likelihood of a 'soft landing' and the Beveridge curve in the US and the UK. Fraser of Allander Economic Commentary, 46 (4).

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Abstract

This short article reviews the current phase of monetary tightening in the US and the UK, summarises some differing opinions on the likelihood of a 'soft landing', and examines how these differences can be characterised, in large part, by differing views on the Beveridge curve.