The former treasury secretary cautioned against a potential Fed rate hike following the US consumer price inflation report. Summers emphasized the risks of a rate cut in June and highlighted the importance of economic indicators and market trends.
from Stocks-Markets-Economic Times https://ift.tt/7QeNFg0
Larry Summers says CPI raises chances that Fed’s next move is to hike
Related Posts:
IndusInd Bank acquires 4.79% stake in McLeod Russel by invoking pledged shares- Kayak Investments pares stake in Max Healthcare; sells shares worth Rs 2,956cr
- IRFC reports Rs 4,416 crore net profit for FY21
- Acuite Ratings joins hands with United Nations for ESG in a first
- Two major block deals worth Rs 6,017 crore were executed on Wednesday
0 Comments:
Post a Comment