Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'
- Posted on October 4, 2024
- By Google News
- 5 Views
Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'
Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight.