Financial and Monetary Systems

Fed hopes for ‘soft landing’ for the US economy, but history suggests it won’t be able to prevent a recession

Dollar bills overlapping each other.

In the US, inflation has surged to a new 40-year high and is continuing to accelerate. Image: Unsplash/ Blogging Guide

Alex Domash
Research Fellow, Mossavar-Rahmani Center for Business & Government, Harvard Kennedy School
Lawrence H. Summers
President Emeritus, Harvard Kennedy School of Government
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Related topics:
Financial and Monetary SystemsUnited StatesAgriculture, Food and BeverageDavos AgendaEconomic Progress
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