Goldilocks economy

A Goldilocks economy is an economy that is not too hot or cold, in other words sustains moderate economic growth, and that has low inflation, which allows a market-friendly monetary policy. The name comes from the children's story The Three Bears. 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..