Summers: The Fed Let Us Down ‘Quite Badly’

Former Treasury Secretary Lawrence Summers issued one of his harshest criticisms yet of the Federal Reserve’s failure to move rates higher faster.
“In 2021, our central bank let us down quite badly,” hurting policy makers’ credibility, Summers told Tom Keene on Bloomberg Television’s “Wall Street Week.”

The Fifth Avenue News is a channel where you can learn about the current events in the market- and find out about how to plan for the future. Every day, we deliver our audience the top headlines in business and finance in a quick, concise, and entertaining way. We’re here to keep you up-to-date on the latest news so you can stay informed.

You May Also Like