1 day ago · EUR. +0.53 +5.73%. Former Treasury Secretary Lawrence Summers urged current Secretary Janet Yellen and other top US regulators to pledge that they will back the uninsured deposits in any banks ...
2 days ago · Former Treasury Secretary Larry Summers said more interest-rate increases may be needed to bring down inflation despite a banking crisis in the US. "I probably would have allowed more room for ...
19 hours ago · Mar 25, 2023 – 5.43am. Former Treasury Secretary Lawrence Summers urged current Secretary Janet Yellen and other top US regulators to pledge that they will back the uninsured deposits in any ...
Mar 21, 2023 · Larry Summers, among others, then demanded that the Federal Deposit Insurance Corporation issue a full guarantee of all of the uninsured deposits. To the dismay of the sensible former FDIC chair ...
Mar 17, 2023 · Former Treasury Secretary Lawrence Summers said the Federal Reserve shouldn’t be spooked into easing its campaign to contain inflation out of excessive concern about a credit crunch in the wake ...
Feb 23, 2023 · Former Treasury Secretary Lawrence Summers said worrying signals of a potential sharp drop-off in activity combined with strength in other indicators point toward an uncertain economic outlook.
Feb 5, 2023 · Last June, Summers said the U.S. needs a surge in unemployment to curb inflation — a one-year spike that would cause about 10 million jobs to be lost. On Friday, the latest federal jobs report ...