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Summers Balks at Dudley’s Call for Fed to Start Cuts Now

DeFi Daily News by DeFi Daily News
July 24, 2024
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Summers Balks at Dudley’s Call for Fed to Start Cuts Now
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Former Treasury Secretary Lawrence H. Summers says the Federal Reserve must be “very careful” about a rate cut, pushing back against a call by former New York Fed President Bill Dudley for the central bank to move promptly. He speaks with David Westin on Bloomberg Television’s “Wall Street Week.”
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Tags: BalksBill DudleycallCutsDavid WestinDudleysfedfed rate cutsFederal Reserveinterest ratesLawrence SummersMonetary PolicyStartSummersU.S. Economy
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