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Summers Sees Chance Fed's Next Move Is to Raise Rates
1 year ago
5
News
Politics
Former US Treasury Secretary Lawrence Summers says that persistent inflationary pressures evident in the latest data suggest that there’s potential for the next Federal Reserve policy move to be to raise interest rates
not lower them. He speaks with David Westin on "Wall Street Week."
Former US Treasury Secretary Lawrence Summers says that persistent inflationary pressures evident in the latest data suggest that there’s potential for the next Federal Reserve policy move to be to raise interest rates, not lower them. He speaks with David Westin on "Wall Street Week."
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