In the continued absence of wage and inflationary pressures, the Fed should be in no rush to increase interest rates, the former treasury secretary says.» Read More
Data on the three areas the Federal Reserve cares about most indicate it should not raise interest rates, Larry Summers said Thursday.
Former Treasury Secretary Lawrence Summers explains why he thinks the Fed should hold off raising rates right now.
If it's true that the market hates uncertainty, than the Federal Reserve is on its way to becoming public enemy No. 1.
Larry Summers said Tuesday that current global conditions represent the type of moment when surprises such as the Asian financial crisis can occur.
It's hard to see how the Greek banking system would survive to a switch to a new currency, former Clinton Treasury Secretary Larry Summers tells CNBC.
Pennsylvania is proposing to be the next government to use social impact bonds, a financial tool that has support and criticism.
If this week's vote on an Obama-backed bill fails, the White House still has several options for making its Pacific trade deal happen.
Failure to move forward on a trade deal spearheaded by the U.S. will raise questions about American presidential leadership, Larry Summers tells CNBC.
Former U.S. Treasury Secretary Larry Summers, says the trade agreement is not the strategy that protects the middle class.
Former U.S. Treasury Secretary Larry Summers, discusses the ramifications of Congress rejecting TPA.
Former U.S. Treasury Secretary Larry Summers, is critical of Congress shutting down the trade bill completely.
Politicians need to act decisively to revive the economy, says Dan Alpert of Westwood Capital.
Markets underestimate liquidity risks, which look more dangerous than Greece's debt situation, the Allianz economic advisor said.
Billionaire hedge fund manager Ray Dalio would like to discuss "secular stagnation" over a beer with Ben Bernanke and Larry Summers.
Former Treasury Secretary Henry Paulson is concerned about the potential for liquidity troubles in markets due to changes in the activities of Wall Street firms.
The former Treasury secretary said regulators should make a priority of addressing the problems of bond market liquidity, brought on by efforts to make institutions safer after the crisis.
While the Fed contemplates boosting rates, former Clinton Treasury Secretary Larry Summers tells CNBC policymakers should be more concerned about acting too early than too late.
The former Clinton treasury secretary agrees with JPMorgan boss Jamie Dimon on the possible unintended consequences of financial crisis-driven regulation.
The Asia Infrastructure Investment Bank is positioning itself as an Asia-centric alternative to the World Bank and International Monetary Fund.
Another former senior government official has signed up to be a paid advisor to a multibillion-dollar hedge fund firm.