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1 year ago

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There's a 70% chance of a US recession thanks to the Fed's fight against inflation and risks of a credit crunch, says Larry Summers

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There's a 70% chance of a US recession thanks to the Fed's fight against inflation and risks of a credit crunch, says Larry Summers

The former Treasury Secretary said monetary policy lags, credit crunch risks, and the Fed's need to tame inflation increase the odds of a US recession.

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There's a 70% chance of a US recession thanks to the Fed's fight against inflation and risks of a credit crunch, says Larry Summers

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There's a 70% chance of a US recession thanks to the Fed's fight against inflation and risks of a credit crunch, says Larry Summers

Rate This Post

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Unlocking the Power of Knowledge
for Humanity's Progress

Unlocking the Power of Knowledge
for Humanity's Progress