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Summers Responds to Krugman on Recession Risk
Posted
December 30, 2023
Views
35,934
Likes
330
Comments
75
Engagement
1.13%
December 30, 2023
35,934
330
75
1.13%
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6:44Now PlayingLawrence H. Summers, Former US Treasury Secretary responds to Nobel Laureate Paul Krugman's assessment of recession as the risk facing the US economy. While Summers notes that inflation ended the year closer to the predictions of "team transitory," he warns that the economy is less responsive to the Fed's rate cuts.
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