Summers Says Don’t Be Surprised by a 75 Basis Point Fed Rate Hike

Summers Says Don’t Be Surprised by a 75 Basis Point Fed Rate Hike

動画公開日 : 2022-10-31 21:43:53

Former Treasury Secretary Lawrence Summers says “I do not think that the dovish pivot in some of the rhetoric coming out of the Fed has yet been warranted by the economic statistics.” He said he hopes the Fed “will be clear that it is staying the course on doing what’s necessary.” He spoke to David Westin ahead of the FOMC decision on Wednesday on “Wall Street (This) Week.”

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