![](https://assets.weforum.org/article/image/pzP_qLvin6D-y38vG9ddcQtvm6eLvRQRRFNw6hWaB1E.jpg)
Fed hopes for ‘soft landing’ for the US economy, but history suggests it won’t be able to prevent a recession
The Federal Reserve is hoping to reduce the impact of a recession by raising interest rates in a bid to achieve a 'softer landing' and curb consumer spend.