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Summers Sees Risk of Being in 'Staglfationary Situation'

Posted

June 21, 2022

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Former Treasury Secretary Lawrence Summers renewed his criticism of Federal Reserve economic forecasts, saying that the US unemployment rate would need to increase by much more than policy makers anticipate in order to quell inflation. He spoke to David Westin on "Wall Street Week."

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Summers Sees Risk of Being in 'Staglfationary Situation' · Bloomberg Television · Sentinel