Larry Summers urges Fed to admit unemployment will rise, end ‘confusion’
The Federal Reserve is causing “confusion” among investors by avoiding a clear declaration that unemployment is likely to rise during its fight against inflation, according...
Larry Summers Nailed Inflation. But Is He Right on What Comes Next?
In February 2021, Larry Summers was right and I was wrong. The former Treasury secretary warned that President Biden’s stimulus package was far too large...
Larry Summers Was Correct on Inflation
Lawrence Summers attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 18, 2017. (Ruben Sprich/Reuters) I am sure that Larry...