You Searched For "treasury secretary larry summers" and got 20 results
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2 mins read
Fed policy isn't very tight and the market is 'at the foothills of bubbles,' former Treasury Secretary Larry Summers says
Summers previously predicted there's about a 15% chance the Fed actually raises rates again, and he…
Jennifer Sor
2 mins read
There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says
"There's a meaningful chance, maybe it's 15%, that the next move is going to be upwards in rates, n…
Yuheng Zhan
1 min read
The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says
"My sense is still that the Fed has itchy fingers to start cutting rates and I don't fully get it,"…
Yuheng Zhan
1 min read
The debate about Fed rate hikes is missing a key argument, former Treasury Secretary Larry Summers says
"People need to be very careful about declaring victory — to be very careful about some assets, par…
Filip De Mott
1 min read
Bidenomics could make inflation worse, former US Treasury Secretary Larry Summers says
"We do not have a problem of a shortfall of jobs … We do have a problem with costs."
Jennifer Sor
1 min read
China's economy is hitting a wall after years of optimism, former Treasury Secretary Larry Summers says
"No one should conclude that we can be complacent about the Chinese geopolitical challenge," former…
Zahra Tayeb
1 min read
The markets are on fire — but Larry Summers says investors may not be fully pricing in political and social risks
JPMorgan CEO Jamie Dimon, Bridgewater Associates founder Ray Dalio, and BlackRock chief Larry Fink …
Huileng Tan
2 mins read
Former Treasury Secretary Larry Summers faces backlash from Jim Bianco, Paul Krugman for inflation 'chart crime'
Larry Summers got panned for posting a graph suggesting inflation now could be behaving the same wa…
Zahra Tayeb
1 min read
Former Treasury Secretary Larry Summers says Ukraine's needs are 'enormously expensive' for the US to finance - and frozen Russian assets should be used instead
"What those facts say to me is that we're not going to find hundreds of billions of dollars for Ukr…
Filip De Mott
1 min read
Washington is fueling a 'war on business' as it cracks down on mergers and acquisitions, former Treasury Secretary Larry Summers says
"These guidelines — by moving away from an emphasis on lower prices for consumers to broader abstra…
Zahra Tayeb
1 min read
Ex-Treasury chief Larry Summers says it's still too early to declare victory on inflation
After the July jobs report, Summers said a soft-landing remains in the cards but it's possible infl…
Phil Rosen
3 mins read
Larry Summers and Bret Taylor are joining OpenAI's board as Sam Altman returns
Former Treasury Secretary Larry Summers and Silicon Valley veteran Bret Taylor are joining OpenAi's…
Kai Xiang Teo
2 mins read
Larry Summers says the ongoing turmoil about antisemitism at Harvard is as serious a reckoning as the Vietnam War
"This is as difficult a moment for elite higher education as any moment since the Vietnam War. Perh…
Kwan Wei Kevin Tan
1 min read
The yuan is not a threat to the US dollar because China is not a predictable or reliable market, former Treasury Secretary Larry Summers says
"There has never been a country where there was a strong desire to move as much capital out of the …
Jennifer Sor
1 min read
The odds of a recession in the next year are 70% and the US has a stagflation problem brewing, former Treasury Secretary Larry Summers says
Inflation is unlikely to get back to the Fed's 2% long-run target without a recession, according to…
Jennifer Sor
1 min read
Inflation isn't coming down much further without a substantial economic downturn, former Treasury Secretary Larry Summers says
The former US Treasury Secretary said the Fed was "behind the curve" on fighting inflation. "[It wa…
Morgan Chittum
2 mins read
Larry Summers talks about the 'fool's game' at the Fed, AI's economic impact, and Trump. Here are the 5 best quotes.
"Forward guidance is a bit of a fool's game. The market doesn't especially believe it and the Fed f…
Filip De Mott
1 min read
Former Treasury Secretary Larry Summers says more rate hikes may be needed to kill inflation despite a banking crisis
The Fed should still pay close attention to high inflation levels in the US economy even though the…
Zahra Tayeb
2 mins read
The Fed will spark a 'seismic moment' if it cuts rates, and should wait for overwhelming evidence the economy is slowing, Larry Summers says
While it looks a bit more likely the US can avoid a recession, the former Treasury chief said he is…
Phil Rosen
1 min read
Former Treasury Secretary Larry Summers compares falling inflation to a half-way healed 'infection' that could worsen if not treated properly
Larry Summers compared inflation to a half-way healed "infection" that could come back with a venge…