recession, Lawrence Summers

Larry Summers says there is a real possibility of a recession, which he calls the result of a ‘self-inflicted wound’
President Donald Trump and Treasury Secretary Scott Bessent have suggested an economic downturn on the back of tariffs would be a transition period. Larry Summers, a former Treasury secretary, thinks otherwise.
Larry Summers: Odds of a recession ‘close to 50/50’
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers said in a thread on the social platform X.
Why Former U.S. Treasury Secretary Summers Sees a 50% Recession Risk
Former U.S. Treasury Secretary Lawrence Summers thinks there’s an almost 50% that the U.S. will enter into a recession this year. He believes
Summers Sees Near 50-50 Chance of a Recession This Year
Former Treasury Secretary Lawrence Summers said there’s almost a 50-50 likelihood of the US tipping into a recession this year due to a range of policy steps from the Trump administration that are undermining confidence.
Larry Summers: ‘Real possibility’ of recession
Former US Treasury Secretary Larry Summers weighs in on the possibility of a recession as concerns about President Donald Trump’s economic policy led to a widespread market selloff on Monday.
Fmr. Treasury Secretary Summers says there is a 50% chance of recession
Former Treasury Secretary Lawrence Summers said there is almost a 50% chance of a recession for the U.S. this year due to policy changes from the Trump administration and uncertainty in the markets. During a Bloomberg TV interview,
Larry Summers: Americans are right to be concerned about the economy
Larry Summers, the former Treasury secretary under President Clinton, explains why he believes Americans are right to be concerned about the economy and predicts the likelihood of a recession if ...
Former Harvard president Larry Summers blasts university leaders, again
Former Harvard president Lawrence Summers lambasted the university’s current leadership over their response to campus ...
Famed economist Larry Summers issues dire inflation warning to Americans after Trump's White House win — 3 ways to help protect yourself in 2025
Headline inflation has eased in the U.S., but according to economist and former Treasury Secretary Larry Summers, soaring ...
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Gold prices hit $3,000 for the first time as investors push the panic button
The surging price of gold is among several signs that investors are concerned about America’s economic outlook, former ...
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary ...
Trump's Tariff Policies A 'Self-Inflicted Wound' Says Obama-Era Treasury Secretary Larry Summers, Economists Weigh In As S&P Enters Correction Zone
As the S&P 500 enters into a correction zone, leading economists weigh in on whether the U.S. economy is headed toward a recession amid an escalating trade war. What Happened: Lawrence H. Summers, ...