BankingFederal Reserve

Summers says wrong to say markets tell Fed it should cut

BYChristopher Anstey and Bloomberg
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025.
Larry Summers, president emeritus and professor at Harvard University, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025.
Stefan Wermuth/Bloomberg via Getty Images