Summers: The Federal Reserve's policy is too loose, and inflation is the primary problem.

MetaEraSep 18, 2025
#Macro
On September 18 (UTC+8), former US Treasury Secretary Summers stated that the Federal Reserve's policy is leaning towards being "too loose" and emphasized that the biggest risk facing the US economy comes from inflation, not the job market. He pointed out that if he were in Chairman Powell's position, his biggest concerns would definitely be focused on inflation. Regarding the Federal Reserve's rate cut measures, Summers believes that the Federal Reserve did not take action under political pressure, but in the current situation, it must "do everything possible" to maintain an anti-inflation stance. (Source: MarsBit) [MetaEra]
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Summers: The Federal Reserve's policy is too loose, and inflation is the primary problem.

MetaEraSep 18, 2025
#Macro
On September 18 (UTC+8), former US Treasury Secretary Summers stated that the Federal Reserve's policy is leaning towards being "too loose" and emphasized that the biggest risk facing the US economy comes from inflation, not the job market. He pointed out that if he were in Chairman Powell's position, his biggest concerns would definitely be focused on inflation. Regarding the Federal Reserve's rate cut measures, Summers believes that the Federal Reserve did not take action under political pressure, but in the current situation, it must "do everything possible" to maintain an anti-inflation stance. (Source: MarsBit) [MetaEra]
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