The Fed Raising Rates Over 5% Wouldn't Be Surprising: Larry Summers
"It wouldn't surprise me if that rate has to get above 5% if we are really going to ... control inflation," Summers said.
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"It wouldn't surprise me if that rate has to get above 5% if we are really going to ... control inflation," Summers said.
"We believe the weakness in expected earnings growth is early in its trip to an ultimate negative destination," analysts said in a note on Monday.
Rehab centers say they've seen a surge in people seeking help for trading addiction since the retail-investing boom of the last two years.
On one side the dollar rate went up while on the other the stock market fell
U.S. stock indexes slipped on Thursday after three straight days of gains following positive updates on the Omicron ...