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Former Treasury Secretary Larry Summers predicts there will 'almost certainly' be a 'downturn in the economy' - Fox News
Former Treasury Secretary Larry Summers predicted there will "almost certainly" be a "downturn in the economy" as prices soar and the Fed raises interest rates to combat inflation. Read More
Larry Summers: US economy could hit an ‘air pocket’ in the coming months
Summers said his best guess would be for the fed funds rate to grow from its current range (4.5% to 4.75%) to 5.5%, but noted he “wouldn’t be amazed” if it were to hit 6%, given the ... Read More
Larry Summers predicts Fed will need to raise interest rates more than market anticipates
Former Treasury Secretary Larry Summers said the Federal Reserve will likely need to raise interest rates more than the market anticipates as prices remain high but grew at slower rates in October. Read More
Larry Summers: Americans are right to be concerned about the economy - MSN
Larry Summers, the former Treasury secretary under President Clinton, explains why he believes Americans are right to be concerned about the economy and predicts the likelihood of a recession if ... Read More
Larry Summers is really worried about the economy — and fears the US may face a 'Liz Truss moment' - MSN
Futures have since climbed slightly, but 10-year Treasury yields have risen, and the US dollar index has weakened. Gold prices hit a new record of $3,500 an ounce on Tuesday, having soared more ... Read More
Economist Larry Summers predicts US recession at ASU event - azcentral.com
A U.S. downturn this year would not be as painful as the Great Recession of 2007-09 brought on by the housing bubble and crash, and would instead be milder like the one in 2001 that spanned less ... Read More
Larry Summers says he’s ‘still cautious’ but has a ‘little bit more hope’ about economy - Fox Business
Former Treasury Secretary Larry Summers said in a Bloomberg interview posted Wednesday that the "situation does look a bit better" for the U.S. economy. Read More
Larry Summers Predicts US Recession, 2 Million Job Losses
Larry Summers has predicted that the U.S. could enter a recession because of President Donald Trump's tariff policies.. Why It Matters. Since Trump announced a minimum tariff of 10 percent on ... Read More
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