Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Yahoo Finance·2025-09-18 21:07
Larry Summers Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack, emphasizing that the US economy’s biggest risks lie in inflation rather than the job market. Most Read from Bloomberg “My own guess is that policy is currently a little looser — looking at all financial conditions — than people view it as being,” Summers said on Bloomberg Television’s with David Westin. “The balance of risks is a bit more tilted towards inflation rather than unemploymen ...