Comment on Key Words: ‘The risk is that we’re going to hit the brakes very, very hard,’ Larry Summers says

Key Words: ‘The risk is that we’re going to hit the brakes very, very hard,’ Larry Summers says

Almost a full year of monetary-policy tightening by the Federal Reserve appears to be having little impact on inflation, putting policy makers in danger of needing to do much more, according to former U.S. Treasury Secretary Larry Summers.

 

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