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"Summers Warns of Fed Interest-Rate Hike Amid CPI Increase"

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Source: Bloomberg
"Summers Warns of Fed Interest-Rate Hike Amid CPI Increase"
Photo: Bloomberg
TL;DR

Former Treasury Secretary Lawrence Summers stated that the recent high US consumer price inflation report for March increases the possibility of the next Federal Reserve move being an interest rate hike, with the likelihood estimated to be around 15% to 25%.

Topics:businessfinanceeconomy#federal-reserve#financeeconomy#inflation#interest-rates#lawrence-summers#us-economy
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  1. March CPI Raises Chances of Fed Interest-Rate Hike, Larry Summers Says  Bloomberg
  2. Summers Says Hot Jobs Data Show Neutral Fed Rate 'Much Higher'  Bloomberg
  3. Larry Summers says CPI raises chances that Fed’s next move is to hike  The Economic Times
  4. Summers Says Fed Should Not Cut Rates Right Now  Forex Factory
  5. Summers: Neutral Rate is Higher Than Fed Supposes  MSN

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