The Latest Breaking News from Larry Summers

At first, the White House said inflation would be a temporary issue. But it quickly became the top economic priority — and major source of midterm political pain — for President Biden.

Former Treasury Secretary Lawrence H.

The Consumer Price Index (CPI) data for September will be reported on Oct. 13 by the U.S. The Bureau of Labor Statistics. Analysts at JPMorgan Chase & Co and former U.S. Secretary of the Treasury Larry Summers weighed in on what is happening and what could happen.

The former Treasury secretary is looking for the World Bank to increase its lending

Former Treasury Secretary Lawrence H.

Current turmoil ‘hallmark of situations where credibility lost’, says Larry Summers

Former Harvard president has been playing inflation Cassandra on TV for months. Can we hear other views?

It's a sign of fears that the plan could alienate swing voters in November.

"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman

He risks leaving progressive and working-class Democrats unsatisfied.

One of the most conspicuous parts of the tax-and-spending package known as the Inflation Reduction Act is vastly expanded funding for the Internal Revenue Service. The promised flood of cash — an additional $80 billion over 10 years, compared with baseline annual spending of around $15 billion — raises some…