CNBC: Economy Could Accelerate

June 30th, 2014

At the Aspen Ideas Festival on June 30, 2014, Summers told CNBC’s Closing Bell, “There’s a prospect that the economy could accelerate quite substantially over the next couple of quarters.”  He went on to say, “That would be an important and obviously positive development,” [there’s] no assurance that will be the case, but I think that could be a surprise.”