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Saturday, February 4, 2023

Larry Summers doesn’t see US interest rates topping 5% as the Fed juggles the ‘two-sided risk’ of inflation and slowdown | Business Insider

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According to Larry Summers, markets are uncertain about the Federal Reserve’s upcoming move. 

It is simultaneously confronting the twin challenges of rising inflation and slow growth. In order to prevent the US economy from entering a severe recession, the former Treasury Secretary said the Fed must demonstrate its willingness to be flexible. According to Summers, the available options on 1-year US Treasury bonds indicate that investors believe base rates will remain between 2% and 5%. In an effort to curb inflation that has reached four-decade highs, the Fed has raised interest rates by a whopping 75 basis points at four straight sessions. The base federal funds rate is now 4% as a result of its increases.

Source:https://markets.businessinsider.com/news/stocks/larry-summers-inflation-recession-growth-risk-federal-reserve-interest-rates-2022-11

78 COMMENTS

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  47. In accordance with my observation, after a foreclosed home is bought at an auction, it is common for your borrower in order to still have the remaining balance on the mortgage. There are many loan companies who attempt to have all costs and liens paid by the future buyer. Nonetheless, depending on specific programs, polices, and state legal guidelines there may be a number of loans that are not easily fixed through the transfer of loans. Therefore, the responsibility still rests on the debtor that has received his or her property in foreclosure. Thanks for sharing your ideas on this blog site.

  48. Furthermore, i believe that mesothelioma cancer is a rare form of melanoma that is usually found in individuals previously familiar with asbestos. Cancerous cells form within the mesothelium, which is a defensive lining that covers almost all of the body’s body organs. These cells usually form inside lining on the lungs, belly, or the sac that encircles one’s heart. Thanks for expressing your ideas.

  49. Thanks a lot for the helpful content. It is also my belief that mesothelioma cancer has an really long latency period of time, which means that signs and symptoms of the disease would possibly not emerge until 30 to 50 years after the 1st exposure to asbestos. Pleural mesothelioma, and that is the most common sort and has effects on the area about the lungs, could cause shortness of breath, chest muscles pains, plus a persistent cough, which may lead to coughing up blood vessels.

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