Skip to Content

Month: October 2022

Former Treasury Secretary Larry Summers says it’s ‘more likely than not’ US will enter recession

By Paul LeBlanc, CNN Former US Treasury Secretary Larry Summers said Thursday it’s “more likely than not” the US will enter a recession, calling it a consequence of the “excesses the economy has been through.” “Historical experience suggests that the kind of inflation we have rarely returns to normal levels — target levels of around

Continue Reading