Larry Summers on Powell: Fed Faces “Unprecedented” Inflation vs Jobs Dilemma
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Former Treasury Secretary Lawrence H. Summers says the situation facing Powell’s Fed is unlike anything in modern history, and says the rate cut shifts the balance of risk more towards inflation rather than unemployment.. But, how loose is too loose? -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news &
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