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Summers Says This Is an 'Unprecedented Time' for the Fed

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September 18, 2025

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Former Treasury Secretary Lawrence Summers says this is an unprecedented time for the Federal Reserve. He says it's become more politicized. “The biggest risk in this situation is being that we lose contact with our 2% inflation target and become a country with an inflation psychology,” said Summers, a Harvard University professor and paid contributor to Bloomberg TV. He speaks on Bloomberg's "Wall Street Week."

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Summers Says This Is an 'Unprecedented Time' for the Fed · Bloomberg Television · Sentinel