As I noted earlier, in a soft landing, growth slows from an above-trend to trend rate just as output converges from below to its full employment level. But I believe output is already beyond the full employment level.
A soft landing in this case requires growth to run below trend for a period to allow productive capacity to catch up to demand and to allow utilization rates to ease to sustainable levels. Ordinarily, inflation would be rising during the transition, given initial conditions of output in excess of sustainable capacity.