Summers: Neutral Rate is Higher Than Fed Supposes
Bloomberg Television Bloomberg Television
1.94M subscribers
14,154 views
0

 Published On Apr 5, 2024

Lawrence H. Summers, former US Treasury Secretary and Wall Street Week contributor, says the evidence is overwhelming that the neutral rate is higher than the US Federal Reserve supposes and says it would be a policy mistake for the Fed to cut rates in June. Summers speaks to David Westin.

show more

Share/Embed