Former Treasury Secretary Lawrence H. Summers stated that, whereas the Federal Reserve hit a “low level” in its financial coverage historical past by failing to behave rapidly in opposition to the 2021 inflation surge, ultimately it did sufficient to proper the economic system. Summers spoke with Bloomberg’s “Wall Road Week.”
Join the Wall Road Week e-newsletter, the place the highest newsmakers in finance discuss to David Westin in regards to the week’s largest points. Plus, make sense of the markets through the week with the Surveillance e-newsletter. https://bloom.bg/4bZJrMW
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