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Larry Summers on Biden’s economic ‘soft landing’ comments: ‘Really quite unlikely’

Por: The Hill Politics October 01, 2022

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Former Treasury Secretary Larry Summers cast doubt on President Biden’s comments that he is hoping for an economic “soft landing” to get inflation under control without triggering a recession, saying that he believes achieving that goal is “really quite unlikely.”  Summers told The Washington Post in an that he expects unemployment to rise and a recession to occur. He said declines in inflation from around 7 percent to 2 percent, the... + full article



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