Larry Summers

Charles W. Eliot University Professor and President Emeritus at Harvard University

Commentary
Research
Teaching
Media resources

Economy faces 1 in 3 chance of recession

Summers said the economy faces 1 in 3 chance of recession in a January 27, 2016 interview with Jeremy Hobson for NPR’s Here and Now.

Click here to listen to the full interview

Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama.

Full bio

Larry Summers on
YouTube View more

Larry Summers on
BLOOMBERG TV View more

Lawrence H. Summers Follow

Lawrence H. Summers @lhsummers ·

20 Mar

There is not much ambiguity but that the source of uncertainty in our economy is federal govt policy.

A mix that is stagflationary, pushing up inflation and pushing down GDP. A perverse mix usually governments want to avoid. ⁦⁦@hereandnow⁩ ⁦

Reply on Twitter 1902857314631037105 Retweet on Twitter 1902857314631037105 49 Like on Twitter 1902857314631037105 153 X 1902857314631037105

Lawrence H. Summers @lhsummers ·

20 Mar

We should be focused on the fact that we had a shock that pushed inflation up and growth down. That's a bad supply shock, a self-inflicted wound.

It tells us that policy is moving in the wrong direction. It's a shot against the bow of the @realDonaldTrump tariff policies,…

Bloomberg TV @BloombergTV

Former Treasury Secretary @LHSummers says he's "astonished" that Fed Chair Powell used the word "transitory" to describe the effects of President Donald Trump's tariffs policy on the economy.

Tune into “Wall Street Week,” airing Friday's at 6 pm ET https://trib.al/vxy4Vfn

Reply on Twitter 1902777707626135570 Retweet on Twitter 1902777707626135570 92 Like on Twitter 1902777707626135570 289 X 1902777707626135570