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Jun 14, 2024 · Former Treasury Secretary Lawrence Summers blasted policy ideas floated by former President Donald Trump as immensely damaging to both the US and the global economy.
Jun 14, 2024 · (Bloomberg) -- Former Treasury Secretary Lawrence Summers blasted policy ideas floated by former President Donald Trump as immensely damaging to both the US and the global economy.
5 days ago · Former Treasury Secretary Lawrence Summers and Donald Trump volleyed opposing views this week about the former president’s proposal to impose a 10% tariff on all imports.
Jun 4, 2024 · Former US Treasury Secretary Lawrence Summers said he sees higher long-term interest rates over time. “Markets should be getting used to rates in current ranges for the foreseeable future and...
- 3 min
- Rich Miller
Jun 4, 2024 · Former Treasury chief says neutral Fed rate is around 4.5%. Inflation not on convincing path to Fed’s 2% goal, he says. Former US Treasury Secretary Lawrence Summers said he sees higher long-term interest rates over time. “Markets should be getting used to rates in current ranges for the foreseeable future and probably long rates above ...
- rmiller28@bloomberg.net
- Bloomberg News
Jun 4, 2024 · Summers, who is now a Harvard University professor as well as a paid Bloomberg contributor, said inflation is not on a “convincing trajectory” to the Federal Reserve’s 2% target.
Jun 14, 2024 · Dissatisfaction with high interest rates and the unavailability of consumer credit explains why consumer sentiment is worse than would be expected given current levels of inflation and...