Summers Says Trump Tariffs to Impose Oil-Shock Type Economic Hit
Former Treasury Secretary Lawrence Summers said the Trump administration’s looming tariff hikes are set to impose an oil ...
Summers Says Trump Tariffs Put Fed in a Tough Spot
Lawrence H. Summers, former US Treasury Secretary and Wall Street Week contributor, says the timing of President Donald Trump ...
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 ...
Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, ...
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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 ...
Summers Says Slowing Balance-Sheet Runoff Pace Is ‘Alarming’ Signal on Debt Fragility
Former Treasury Secretary Lawrence Summers said the Federal Reserve’s decision to dramatically slow down the shrinkage of its ...
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Odds of a recession are rising, top economists warn
Mark Zandi, the chief economist for Moody’s Analytics, also raised his recession odds over the weekend. Zandi pegs the ...