News about Larry Summers

Bitcoin News / Bitcoin.com - 10 months ago

Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July

Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this month, a half-point rate hike may be necessary for July. As per the CME F...

Bitcoin News / Bitcoin.com - 2 years ago

Former US Treasury Secretary Larry Summers: Cryptocurrency Will ‘Do Better Regulated’

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Bitcoin News / Bitcoin.com - 2 years ago

White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation

On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average Ame...

Bitcoin News / Bitcoin.com - 2 years ago

Former US Treasury Secretary Larry Summers Says Cryptocurrency Is Here to Stay as Digital Gold

Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-...