Goldilocks economy

Meaning

Noun

• A not "too hot" or "too cold" economy, sustaining moderate economic growth and a low inflation allowing for a market-friendly monetary policy.

Origin

• who found one bowl of porridge too hot, one too cold, and one just right. The first use of this phrase is credited to David Shulman of Salomon Brothers, who wrote The Goldilocks Economy: Keeping the Bears at Bay in March 1992.