Bloomberg
Summers on What's at Risk If There's No Build Back Better?
Former Treasury Secretary Lawrence Summers talks about the importance of passing a global corporate minimum tax rate plan. He's on "Bloomberg Wall Street Week." This was recorded Feb. 4.
Bloomberg
Summers Says Fed's March Inflation Call Was 'Delusional'
Former U.S. Treasury Secretary Lawrence Summers says the Federal Reserve's March meeting forecast for inflation was "delusional" after the latest Consumer Price Index data was released on Friday. "I think the Fed's forecast from March...
Bloomberg
"Fed's Priority is Inflation "
Former US Treasury Secretary Lawrence H. Summers dives into Fed Chair Powell's remarks given at Jackson Hole and explains why he believes the Fed is well positioned. Meanwhile, Summer's breaks down why Europe has a rough road ahead.
Bloomberg
Summers Says US Should Raise Taxes to Battle Inflation
Former Treasury Secretary Lawrence Summers says US lawmakers should consider raising taxes to aid the Federal Reserve in its fight against inflation. "The right thing to do is to raise taxes right now to take some of the demand out of...
Bloomberg
Harvard's Feldstein Says Debt to Reach 100% of GDP by End of Decade
Feb.22 -- Harvard University George F. Baker Professor of Economics Marty Feldstein discusses the U.S. debt and deficit. Bloomberg Intelligence's Gina Martin Adams joins the conversation on "Bloomberg Surveillance."
Bloomberg
U.S. Payrolls, Wages Miss Estimates in December
Jan.10 -- Lara Rhame, chief U.S. economist at FS Investments, Megan Greene, senior fellow at Harvard Kennedy School, and Subadra Rajappa, head of U.S. rates strategy at Societe Generale, examine the U.S. December jobs report. They speak...
Bloomberg
Election Removes Uncertainty From Markets, Says Beschloss
Nov.13 -- RockCreek Founder and Chief Executive Officer Afsaneh Beschloss says that markets reflect the removal of uncertainties presented by the elections and the lack of a vaccine. She says that the pandemic has accelerated flows into...
Bloomberg
Summers Would Be Surprised If the Selloff Is Memorable
Sep.04 -- Former U.S. Treasury Secretary Lawrence H. Summers, says investors should be more concerned about the fundamentals than the recent selloff in equity markets. Summers is advising Joe Biden’s presidential campaign on economic...
Bloomberg
Summers Says U.S. on Stimulus High
Jul.31 -- Larry Summers, former U.S. Treasury Secretary, warns that the U.S. will suffer terrible withdrawal symptoms when stimulus measures run out. He worries about the Federal Reserve's intervention in corporate bond markets. He is a...
Bloomberg
Summers, Tarullo Debate the Fed's Monetary Policy Shift
Sep.18 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor and adiser to Democratic Presidential Nominee Joe Biden, says that the Fed becomes a sideshow when it cannot predict or control inflation with...
Bloomberg
Harvard Isn't Sure Students Are Coming Back in the Fall
Jun.02 -- Harvard President Lawrence Bacow says the school still doesn't know if students will come back to campus in the fall. He appears on "Leadership Live With David Rubenstein" to talk abut how the school is dealing with the...
Bloomberg
Nonsense to Think the Stock Market is Driving Short-Termism: Summers
Oct.23 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor and adviser to Democratic presidential nominee Joe Biden, rejects the idea that the stock market is encouraging short-termism. He points to...
Bloomberg
$2,000 Stimulus Checks Would be a Mistake: Summers
Dec.25 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor and adviser to Pres.-elect Biden's campaign, says that increasing direct stimulus payments to $2,000 would risk temporarily overheating the...
Bloomberg
We Are Heading for the Worst Inflation Risk in 40 Years: Summers
Feb.26 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, cautions against dismissing concerns that the economy could overheat. He says there is tension between Federal Reserve Chairman Powell's...
Bloomberg
Summers: Antitrust Policy Needs to Avoid 1960's Horror Show
Jun.25 -- Former Treasury Secretary Lawrence H. Summers says Democrats must be careful with antitrust policy or they risk doing grave damage to the U.S. economy. Plus, Summers gives his outlook for inflation, market volatility and the...
Bloomberg
Inflation is More Concerning With The Delta Variant: Summers
Aug.06 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Wall Street Week contributor, says that the spread of the delta variant makes him more concerned about inflation. He thinks the U.S. made its biggest mistake of the year by...
Bloomberg
Summers: Fed's Record of Soft Landings Not Relevant Today
Former Treasury Secretary Lawrence Summers says historical examples of the Federal Reserve achieving soft landings for the U.S. economy are not "very relevant precedents." Speaking on Bloomberg Television's "Wall Street Week" with David...
Bloomberg
Rogoff Says Fed Will Have To Raise Rates to 4%-5%
Harvard University Economics Professor Ken Rogoff says the Federal Reserve will need to raise its benchmark interest rate up to 5% to control inflation. "I think they're going to have to raise interest rates to 4% or 5% to bring...
Bloomberg
"Fed Doesn't Know Where It Is"
Former US Treasury Secretary Lawrence H. Summers dives into why the Fed is in such a difficult situation, why China may not overcome the US in the terms of growth, and why Turkish President Erdogan is practicing Modern Monetary Theory.
Bloomberg
Possibility of a Soft Landing
Former US Treasury Secretary Lawrence H. Summers dives into the most recent jobs data and why there is a 'long way to go' to get inflation down. Summers also discusses why countries may need to brace for a recession, and the current...
Bloomberg
Summers Says Fed Terminal Rate Above 5% Wouldn't Surprise
Former US Treasury Secretary Lawrence Summers says the Federal Reserve may have to eventually raise rates above 5% to get inflation under control. "I think we're more likely to end up above 4.5% than we are to end up below 4.5%. And it...
Bloomberg
Harvard's Rogoff on US Dollar and Crypto Regulation
Ken Rogoff, Harvard University economics and public policy professor, discusses the impact of a stronger US dollar on the global economy and says central banks are "way behind the curve" on cryptocurrency regulation. He speaks on...
Bloomberg
Summers Says Powell's Neutral-Rate Call 'Wishful Thinking'
Former Treasury Secretary Lawrence Summers says Federal Reserve Chair Jerome Powell's assessment on Wednesday that the Fed had already reached a "neutral" setting is "analytically indefensible" in the face of rising inflation. "It's the...