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Entries with tag
inflation
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GLENN HUBBARD & LAWRENCE SUMMERS
Published Date
Mar 22, 2022
FOX BUSINESS:
Larry Summers warns inflation outlook is ‘pretty grim,' urges Fed to move faster on rate hikes
Former Treasury Secretary Larry Summers – who predicted this would all happen nearly one year ago – thinks the inflation problem will get worse before it starts to improve.
"I think the inflation outlook is pretty grim," Summers said Tuesday during a virtual discussion hosted by the Economic Club of New York. "And I think the Fed is a fair amount behind the curve."
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