Summers: The Fed Let Us Down 'Quite Badly'
July 15, 2022
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2:30Now PlayingSummers: The Fed Let Us Down 'Quite Badly'
YouTube Description
as posted by the channelFormer Treasury Secretary Lawrence Summers issued one of his harshest criticisms yet of the Federal Reserve's failure to move rates higher faster.
"In 2021, our central bank let us down quite badly," hurting policy makers' credibility, Summers told Tom Keene on Bloomberg Television's "Wall Street Week."
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