Hints and tips:
...“The Fed is still all about inflation,” said Larry Meyer, an economist at LHMeyer and former Fed governor....
...Friday interview: Larry Summers Larry Summers — former Harvard president and Treasury secretary, and new OpenAI board member — is one of the most influential economists of our time....
...According to Larry Summers, there is now a 15 to 25 per cent chance that the next Fed move will be to raise rates rather than cut them....
...Put another way, am I willing to call Larry Summers bananas?...
...“You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” former Treasury secretary Larry Summers said, in a sign of the effect of the inflation data on...
...Economists including Larry Summers, Jason Furman and Laurence Ball argued that unemployment was going to have to rise dramatically for the Fed to bring inflation down....
...Equally, the few who correctly predicted inflation’s rise, such as Larry Summers, were too pessimistic about how entrenched it was. Inflation is poorly understood, and devilish to forecast....
...Fed chair Jay Powell warned on Friday that the central bank could increase rates further but added that policy was already in “restrictive territory”....
...(Kenza Bryan) Larry Fink letter dodges politics, but scrutiny will intensify in weeks ahead In his annual letter to investors, chief executive Larry Fink defended BlackRock while tactfully avoiding US...
...What I’ve been reading and watching Over at Unhedged, Robert Armstrong interviewed Larry Summers of Harvard University....
...On the economy, Kevin Hassett, Trump’s former chair of the council of economic advisers, and Russ Vought, the former budget director, are key figures in Trump’s current orbit — though he still speaks to Larry...
...That’s not the base case,” Powell said. “The base case, for me, is that it will take some time....
...This week, for example, a fascinating debate occurred at the Peterson Institute between economic luminaries Olivier Blanchard and Larry Summers....
...The one-year Voting Choice programme will be extended to include small investors in a pilot involving UK pooled funds, chief Larry Fink announced yesterday....
...Equally important is what Powell did not do....
...Among economists, Larry Summers suggests as high as 6 per cent for the Federal Reserve’s target funds rate but Jeremy Siegel suggests 3 to 4 per cent is enough....
...The central bank’s chair Jay Powell now has a critical choice to make, Bloomberg’s Niall Ferguson writes....
...Treasure it: As inflation began to rise in March 2021, Fed Chair Powell predicted that the increase would be “neither particularly large nor persistent.”… Powell’s view was supported by the many economists...
...As Larry Summers wrote when Fischer retired from the Fed in 2017: In a just world Stan would have served at some point as Fed chairman or managing director of the IMF....
...Frankly, as Larry Summers has suggested, over 6 per cent wouldn’t be weird. https://twitter.com/LHSummers/status/1581812512345161728?...
...Still, we’ll take any excuse to call board member, late stage Jack Kerouac and policy error specialist Larry Summers a blockhead....
...The president has also given his public backing to Jay Powell, the Fed chair, to do anything he thinks necessary to curb rising costs....
...The day ahead Monetary policy Jay Powell becomes the latest member of the Federal Reserve’s interest-rate-setting committee to speak this week....
...And former Treasury secretary Larry Summers walked right through it on Friday, telling Bloomberg TV that America faces “real risks of a 1970s-type scenario” stemming from an oil shock and excessive, inflationary...
...Letter in response to this article: The divergence in UK life expectancy is disturbing / From Luke Powell, Charing, Kent, UK...
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