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Fed chief Powell 'did what he needed to do' in Jackson Hole, Larry Summers says

Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says

“ ‘The Fed is positioned as well as it can be — given the credibility losses and mistakes that there have been — with these remarks to manage things going forward.’ ” — Larry Summers Former US Treasury Secretary Lawrence Summers handed out some rare praise for the Federal Reserve on Friday, saying Fed chief …

Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says Read More »

Fed chief Powell 'did what he needed to do' in Jackson Hole, Larry Summers says

Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says

“ ‘The Fed is positioned as well as it can be — given the credibility losses and mistakes that there have been — with these remarks to manage things going forward.’ ” — Larry Summers Former US Treasury Secretary Lawrence Summers handed out some rare praise for the Federal Reserve on Friday, saying Fed chief …

Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says Read More »