Larry Summers on Powell: Fed Faces “Unprecedented” Inflation vs Jobs Dilemma
Youtube·2025-09-21 20:01
We start with the big question for Global Wall Street this week, as the Fed issued its long-awaited decision and summary of economic projections. Our special contributor, Larry Summers of Harvard, takes us through what we learned. - It wasn't far off what the market was expecting or I was expecting.I was glad to see Jay lean into all the uncertainties in the moment--the uncertainties about inflation, the uncertainties about future policy, the uncertainties about unemployment, the uncertainties about the pol ...