Summers Calls Fed Monetary Policy ‘Broadly Appropriate’ for Now
Lawrence “Larry” Summers, former U.S. Treasury secretary (Photographer: Kiyoshi Ota/Bloomberg)

Summers Calls Fed Monetary Policy ‘Broadly Appropriate’ for Now

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(Bloomberg) -- Former Treasury Secretary Lawrence Summers backed the Federal Reserve’s current monetary policy stance while suggesting that its next interest rate move will probably be down.
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