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Former Treasury Secretary Larry Summers urges Fed to keep hiking rates

Por: CNN Business November 02, 2022

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New York CNN Business  —  Former US Treasury Secretary Larry Summers said on Tuesday that the growing chorus of and urging the Federal Reserve to pause its aggressive rate hikes in order to fight inflation are misguided. Those critics say that the Fed could throw the economy into recession, but Summers argued there’s a much greater risk to the economy that the Fed is not doing enough to bring down prices. “I look at economic history and... + full article



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