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Business

Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake' - Fox Business

Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake" in hindsight.

By: Fox Business
  • Oct 05 2024
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Former U.S. Treasury Secretary Larry Summers says September's better-than-expected jobs report shows the Federal Reserve's half-point rate cut was "a mistake." Following the Labor Department's repor… [+2451 chars]
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America's one-two punch of good economic news - Axios
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