Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth

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Summers Warns on Inflation Reacceleration Risk With Too-Hot Wage Growth
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Former Treasury Secretary Larry Summers said that his concern now is the danger of inflation picking up steam again: “That’s the thing that I’m focused on.”

said that while the path to a soft landing for the US economy looks more likely than it previously did, his concern now is the danger of“I don’t think we can yet be confident that we’re not going to see a real acceleration of inflation at some point.

said that while the path to a soft landing for the US economy looks more likely than it previously did, his concern now is the danger of“I don’t think we can yet be confident that we’re not going to see a real acceleration of inflation at some point
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