Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...
Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served ...
Larry Summers Says Federal Reserve In Hard Position With 'Stagflationary Shock' Ahead Of FOMC Decision: 'This Is What Tariffs Do'
Former Treasury Secretary Lawrence H. Summers has said that the central bank is facing “the most difficult challenge” amid ...
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Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s ...
Larry Summers Calls Trump Tariffs 'Self-Inflicted Wound' As Fed Navigates Inflation Worries: 'Policy Is Moving In Wrong Direction'
Former Treasury Secretary Larry Summers warned on Thursday that President Donald Trump's tariff policies are creating a "self-inflicted wound" on the U.S. economy, pushing inflation up while ...
Odds of a recession are rising, top economists warn
The odds of a U.S. recession are rising ahead of Wednesday’s “Liberation Day,” when President Donald Trump plans to escalate ...