Larry Summers

Larry Summers: Biden Quitting Shifts Focus To Trump's 'Dishonesty, Demagoguery, And Dangerousness' — Warns Ex-President's Policies Will 'Undermine Economic Security Of Tens Of Millions'
Larry Summers Slams Fed's 'Excessive Optimism' On Inflation And Underestimation Of Long-Term Interest Rates, Says The Central Bank 'Is Badly Wrong…'
Larry Summers Says Halting AI Would Be To 'Cede Field To Potential Adversaries' Of US, But Sees Need For Strong Regulation To Ensure Safe Use
Larry Summers Slams Fed's 'Excessive Optimism' On Inflation And Underestimation Of Long-Term Interest Rates, Says The Central Bank 'Is Badly Wrong…'
Larry Summers Says Halting AI Would Be To 'Cede Field To Potential Adversaries' Of US, But Sees Need For Strong Regulation To Ensure Safe Use
Larry Summers Warns Donald Trump's Fiscal Policy Could Inflict More Damage Than One That Precipitated Great Depression: 'Prescription For The Mother Of All Stagflations'
Trump's Tax Agenda Could Lead To 133% Tariffs And Inflation Spike, Says Paul Krugman: 'Just Ignorant'

Larry Summers Recent News

Ex-Treasury Secretary Larry Summers Warns Trump's Re-Election May Push Mortgage Rates Beyond 10%: 'Never Been A Presidential Platform So Self-Evidently Inflationary'
Summers was among the economists who warned the Biden administration of the risk of rising inflation when it approved a massive COVID-19 relief package in 2021.
Larry Summers, Bret Taylor Defend Sam Altman As 'Highly Forthcoming,' Shoot Down Former Board Member's Warning
The current board members of OpenAI have addressed the concerns raised by former board members, Helen Toner and Tasha McCauley, regarding the regulation of AI.
Ray Dalio Gives A Nod To Larry Summer's Contention That Federal Reserve In A 'Treacherous Environment': 'Should Be Very Cautious About Possible Rate Cutting'
Renowned investor Ray Dalio has lent his voice to the growing concern over the Federal Reserve’s policy decisions. Dalio’s remarks align with those of former U.S. Treasury Secretary Larry Summers, who has been cautioning against potential rate cuts in the current economic climate.
Larry Summers Says June Rate Cut Could Be 'Dangerous And Egregious Error' After Hotter-than-Expected March Inflation Data
Inflationary environment should not come as a surprise given the growth momentum, loose financing condition and depressed jobless rate, says Larry Summers.
Atlanta Fed President Sees 'Some Troubling Things,' Now Calls For Just 1 Rate Cut In 2024
Atlanta Fed's Bostic revises rate cut forecast, now anticipates just one rate cut in 2024, citing economic resilience and inflation worries.
Larry Summers Questions Fed's Eagerness To Cut Rates As Easy Money Policies Clash With High Inflation: 'I Don't Fully Get It'
Summers criticizes Fed for potential rate cuts, citing strong economy & persistent inflation. Fed may have flawed understanding of neutral rate.
Stocks Have Shed Their 'Bubbly Characteristics,' Says Former Treasury Secretary Larry Summers: 'But It's Not That We're A Million Miles Away From That Either'
Former Treasury Secretary Larry Summers has warned that the Federal Reserve might not tighten its monetary policy as much as the market expects, potentially putting the market at risk of entering a bubble.
Larry Summers Voices Major Concern About Markets Amid Huge Rally: 'I'm Not Sure That Kind Of Risk Is Fully Priced Into Markets'
As 2024 unfolds, the stock market is witnessing a significant rally, propelled by substantial gains in Nvidia Corp.'s (NASDAQ: NVDA) stock.
Larry Summers Says Next Fed Move Could Be Up Rather Than Down As Inflation Data Calls Into Question The 'Soft-Landing Paradigm'
Larry Summers suggests that inflationary pressure has not been contained and there is a possibility that pricing pressure could remain above the Fed target.
World's Largest Asset Manager Turns Bullish On Stocks Amid Signs Of Soft Landing: 'We Expect The Rally To Broaden'
BlackRock, which is managing $10 trillion in assets, has upgraded its U.S. stocks rating from "underweight" to "overweight." The asset manager's bullish stance is projected over a six to 12-month period, contingent on the success of the Federal Reserve in instigating an economic soft landing.
Former Harvard President Larry Summers Has 'Lost Confidence' In University Leadership To Maintain It As 'A Place Where Jews And Israelis Can Flourish'
Summers raised concerns about the potential appointment of Zionism scholar Professor Derek Penslar as a co-chair of the anti-semitism task force. 
Larry Summers Backs Nippon's Acquisition Of US Steel Corp Amid Team Biden's Opposition: 'Protectionist Pandering With No Genuine National Security Rationale'
Former Treasury Secretary Lawrence Summers has defended the proposed takeover of United States Steel by Japan's Nippon Steel.
Larry Summers Sees Trump 2.0 'Very Threatening' To US Economy: 'History Will Judge Very Badly Those Who Go Along With The Subversion Of American Democracy'
Larry Summers weighed on what a second term for Biden or his predecessor, Trump, would mean for the U.S. economy in an interview.
Larry Summers Says Declaring 'Proverbial Soft Landing' Is 'Premature,' Asserts Inflation Still A 'Source of Concern'
Larry Summers sees inflation and recession as very real risks in 2024 but remains more wary about the former.
There's Substantial Risk Trump Presidency Will Be 'Immensely Destructive' For Economy, Says Larry Summers: 'It's A Mistake Not To Be Extraordinarily Alarmed'
Larry Summers says a Trump presidency could prove to be "a profound threat to the long-run prosperity" of the U.S.
Larry Summers Says Fed Has Done Considerable Damage To Itself By Doing This: 'It's Premature To Judge That We Have Landed Softly'
Larry Summers says a soft-landing scenario is not a guaranteed outcome as inflation still remains out of bounds.The Federal Reserve may have hinted at a potential soft-landing, but economist and former Treasury Secretary Larry Summers is not in full agreement with the central bank.
Larry Summers Says Market Reposing 'Too Much Confidence In Mother Fed,' Warns 2% Inflation Target Might Not Be Met Without Significant Downturn
Larry Summers sees the recent cool off in inflation as due to the mean reversion in transitory factors that pushed up inflation earlier.
Larry Summers Proposes Utilizing Frozen Russian Assets To Support Ukraine: 'It's A Very Difficult Budgetary Time'
Larry Summers Warns Against Excessive Optimism On US Inflation: 'Very Narrow Window To Achieve Soft Landing'
Larry Summers Doles Out Advice To Fed's Powell Ahead Of Jackson Hole: 'Necessary To Hit Brakes Some More'
Former Treasury Secretary Larry Summers laid out a five-point agenda for Fed Chair Jerome Powell take the podium in Jackson Hole Friday.
Larry Summers Weighs In On 'Sobering' Data Hinting At Another, Bigger Inflation Wave Rising: Is The Fed Justified Not Dropping Guard?
Larry Summers flagged the possibility of inflationary pressure remerging, going by a chart that showed inflationary trend in the 1970s.
Larry Summers Explains Why US Must Stay Wary Of Economically Weaker China: 'Can Become Irrational And Dangerous'
The Chinese economy has hit a wall amid demographic and economic challenges but the China threat cannot be completely written off, says Larry Summers.
Xi Jinping Behind China's Economic Woes, Experts Say: 'Don't Think We Can Yet Sort Of Wipe China Off The Blackboard'