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Finance Dictionary and Glossary of Investment Terms
A term used to describe the U.S. economy of the mid- and late-1990s as "not too hot, not too cold, but just right." Some economists consider this optimal, and in such situations the government usually decides not to undertake any policy measures to improve macroeconomic performance.
A term referring to the U.S. economy of the mid- to late-1990s. It was "not too hot, not too cold, but just right."
term developed in the mid 1990s to describe the positive performance of the economy as "not too hot, not too cold; just right."