Summers Warns the Fed to be more Careful - NewsBreak

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By Megansoto in Business
Updated 2 years ago

Former U.S. Treasury Secretary Lawrence H. Summers says his outlook on the U.S. economy is souring and that the Fed has to pivot to stamp out rising inflation. He also points out that the risk of overheating is much more pronounced than the risk of deflation. Summers speaks with David Westin on Bloomberg Television's "Wall Street Week."

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