Wall Street Week cover image

Bloomberg Wall Street Week April 28th, 2023

Wall Street Week

CHAPTER

The Fed's Expectations for May

Larry Summers of Harvard joins David Weston on Wall Street Week. He says the ECI number was most important for him because it shows strength in the labor market. But he thinks we've got a stagflationary problem developing where base inflation is well above target. And that's not going to get back to target without a meaningful slowdown in the economy,Summers says.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner