fbpx Q&A: Lawrence Summers and Why It’s Too Early to Raise Rates | Harvard Kennedy School

HKS Affiliated Authors

Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Charles W. Eliot University Professor

Excerpt

Q&A: Lawrence Summers and Why It’s Too Early to Raise Rates. Lawrence Summers, September 16, 2015, Opinion, "Lawrence Summers, the Harvard University professor and former Obama administration economic adviser, hasn’t been shy of late urging the Federal Reserve to refrain from raising short-term interest rates at its policy meeting this week. In a series of opinion columns and blog posts, Mr. Summers has argued that the time isn’t ripe for a move and that markets aren’t prepared..." Link