Tag: Summers, Lawrence H

How Will Interest Rate Increases Impact Inflation?

The Federal Reserve is raising interest rates to fight inflation. Some economists want more; some politicians want less. What’s the logic?

Biden Weighs Tariff Rollback to Ease Inflation, Even a Little Bit

While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.

Fed Officials Are on the Defensive as High Inflation Lingers

Critics have accused the Federal Reserve of not reacting quickly enough to tame rising prices. On Friday, a Fed governor explained why it took so long.