Former Treasury Secretary Larry Summers on Inflation
2022-05-31T20:03:43-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvYTk0XC8wMDFcLzE2NTQwMDk2NTVfMDAxLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Former Clinton administration Treasury Secretary Larry Summers said that “the Fed was way slow to recognize the gravity of the gathering inflation storm, even though there was substantial evidence of it.” His remarks came as he discussed the U.S. economy with the ]the Washington Post]'s David Ignatius. Addressing high inflation the former treasury secretary said, “I think there needs to be considerable soul-searching at the Fed as to how they missed this as badly as they did.” Other topics discussed included housing and labor markets, antitrust measures, and Amazon founder Jeff Bezos' criticism of the Biden administration’s tax policy.
Former Clinton administration Treasury Secretary Larry Summers said that “the Fed was way slow to recognize the gravity of the gathering inf… read more
Former Clinton administration Treasury Secretary Larry Summers said that “the Fed was way slow to recognize the gravity of the gathering inflation storm, even though there was substantial evidence of it.” His remarks came as he discussed the U.S. economy with the ]the Washington Post]'s David Ignatius. Addressing high inflation the former treasury secretary said, “I think there needs to be considerable soul-searching at the Fed as to how they missed this as badly as they did.” Other topics discussed included housing and labor markets, antitrust measures, and Amazon founder Jeff Bezos' criticism of the Biden administration’s tax policy. close
Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and tap the screen to see the at the bottom of the player. Tap the to see a complete list of all Points of Interest - click on any moment in the list and the video will play.
Points of Interest
For quick viewing, C-SPAN provides Points of Interest markers for some events.
Click the play button and move your cursor over the video to see the . Click on the marker to see the description and watch.
You can also click the in the lower left of the video player to see a complete list of all Points of Interest from this program - click on any moment in the list and the video will play.
People in this video
Hosting Organization
Related Video
-
Federal Reserve Vice Chair on the U.S. Economy
Federal Reserve Vice Chair Richard Clarida talked about the U.S. economy. The discussion centered around the transition …
-
Federal Reserve News Conference on the Economy and the Coronavirus Pandemic
During his monthly news conference on monetary policy actions taken to sustain the economy during the coronavirus pandem…
-
Larry Kudlow Speaks to Reporters
White House National Economic Council Director Larry Kudlow spoke to reporters. Later that day, Mr. Kudlow participated …
-
Economic Recovery Since 2008
Former Treasury Secretary Lawrence Summers and Harvard Economics Professor Robert Barro talked about the future of econo…
User Created Clips from This Video
-
- 26 seconds
- 1 view