Ex-Treasury chief Larry Summers finds the Fed's latest move 'confusing' and 'disturbing' - says the decision likely reflects the central bank's internal politics
The Federal Reserve's move this week to hold interest rates and signal future increases at once reflects an inconsistent approach that may have been influenced by the central bank's internal politics, former Treasury Secretary Larry Summers said.
taking a breather after 10 consecutive hikes over the past 15 months. But it also projected two more quarter-point increases before the end of the year.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Larry Summers blasts Fed’s ‘disturbing’ move to pause interest rate hikes, cites ‘internal political dynamics’“I understand the arguments for not hiking this at this meeting,” Summers said, alluding to the latest numbers which show cooling inflation.
Leer más »
Chicago's summers are turning up the heatChicago's summers are getting hotter and the summer of 2023 is about to turn up the heat too.
Leer más »
Can hot weather cause allergies to flare up? Here’s how a heat wave can affect snifflingPlants still grow in Texas summers, including some trees and most grass types.
Leer más »
LARRY KUDLOW: Trump's federal indictment was a very sobering and sad day in American historyFOX Business host Larry Kudlow argues the federal charges against former President Donald Trump in the classified documents case are 'weaponized charges' on 'Kudlow.'
Leer más »
Larry Magid: Using AI and apps for summer travel plansI can’t overstate how helpful these services can be with travel planning.
Leer más »
Oracle's Larry Ellison now world's third richest as AI explodesWith a 42% stake in Oracle and the company’ stock rising roughly 54% year-to-date, CTO Larry Ellison has knocked Amazon’s Jeff Bezos out of the third spot for world’s richest person.
Leer más »