The Fed is uncertain about policy direction and about whether interest rate increases or decreases are appropriate given conflicting inflation pressures from tariffs
factualpending
Speaker
Lawrence SummersEvidence Quote
“the Fed is as uncertain as every place else is. Now that we're getting all this inflation pressure from the tariffs, I don't think it's 100% clear which way interest rates uh will move.”
Source
Tariffs, Decline, and the Promise of AI | A Conversation with Larry Summers and Niall Ferguson— University of Austin (UATX)Created: 8/11/2026, 6:36:04 AM
My Notes
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