Famed economist Larry Summers slams Trump’s tariffs as a ‘self-inflicted wound’ on the US economy — warns they will fuel inflation within months
Economist and former Treasury Secretary Larry Summers isn’t known for sugarcoating his views on policy — and he’s making no exception when it comes to President Donald Trump’s sweeping new tariffs.
Summers Sees Near 50-50 Chance of a Recession This Year
Former Treasury Secretary Lawrence Summers said there’s almost a 50-50 likelihood of the US tipping into a recession this ...
Financial Advisor1mon
Summers Sees Biggest Inflation-Breakout Risk Since 2021 Errors
Four years after blasting US fiscal and monetary policymakers for excessive stimulus that risked the biggest inflation blowout in a generation, former Treasury Secretary Lawrence Summers warned ...
MarketWatch1mon
Larry Summers on Trump tariffs: ‘This is a stop-or-I’ll-shoot-myself-in-the-foot’ kind of policy
Former Treasury Secretary Larry Summers minced few words in an interview after President Donald Trump’s decision to impose 25% tariffs on Canadian and Mexican goods. “This is a stop-or-I’ll ...
Yahoo Finance4d
Summers Sees Near 50-50 Chance of a Recession This Year
(Bloomberg) -- Former Treasury Secretary Lawrence Summers said there ... it’s going to be hard to fix that,” Summers said in an interview on Bloomberg Television’s Wall Street Week with ...
Financial Post1mon
Summers sees biggest inflation-breakout risk since 2021
“This is probably the most sensitive moment we’ve had for an escalation in inflation since the policy errors of 2021 that set off the significant inflation that we had,” Summers said on ... even ...