Inflation & Prices

Larry Summers Sees Inflation Having ‘Substantial Momentum’

What Summers Wants to See Out of This Week's Fed Meeting

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Patrick McHale

September 15, 2022 at 1:12 PM UTC

This article is for subscribers only.

Larry Summers, former Treasury Secretary and the President Emeritus of Harvard University, says his “read from wage and rent data is that underlying inflation has substantial momentum.”

READ MORE: Summers Says He Would Pick 100-Bps Over 50-Bps For Sept FOMC