Former Treasury Secretary Lawrence Summers said there’s almost a 50-50 likelihood of the US tipping into a recession this ...

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.

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 ...

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 ...

“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 Bloomberg ...