Meaning of immaculate disinflation | Babel Free

Definitions

A situation where inflation decreases without a corresponding increase in unemployment or a slowdown in economic growth.

uncountable, usually

Examples

“So, although the Steelers’ Immaculate Reception took mere seconds, the Fed’s attempt at an Immaculate Disinflation will take many more months to play out.”

“The window for a soft landing caused by “immaculate disinflation” appears to be closing rapidly, with the odds of a hard landing or recession climbing with each successive Fed rate hike. Market participants should not assume disinflation will be a straight downward line but rather a longer, slower grind toward the Fed’s preferred inflation target of 2%.”

“While some have labeled this unusual pattern “immaculate disinflation,” CEA has argued that a likely explanation is straightforward: normalization of the economy’s supply side. The rise in inflation earlier in the pandemic was driven by two primary factors: pandemic-driven supply-chain bottlenecks and strong consumer demand, which includes compositional shifts in demand from goods to services.”

“He added that immaculate disinflation wrongly suggested that the trend was unexplainable, when “disinflation is primarily due to the fading economic fallout from the pandemic and Russian war in Ukraine”. That, he said, “was predictable”.”

CEFR level