Wall Street Week

Larry Summers Talks CPI, Fed Moves

Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously. “You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. He indicated that such a likelihood is somewhere in the 15% to 25% range.See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

One of the most iconic brands in finance returns for today's issues and today's media world. David Westin hosts a new look at the financial stories that shape our world as seen through the eyes of people whose perspective we value. Each week, join David as he sits down with newsmakers and a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists.