Wall Street Week, Bloomberg TV
September 18, 2025
HKS Authors
See citation below for complete author information.
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government (on leave)
Charles W. Eliot University Professor
Abstract
Former Treasury Secretary Lawrence Summers says this is an unprecedented time for the Federal Reserve. He says it's become more politicized. “The biggest risk in this situation is being that we lose contact with our 2% inflation target and become a country with an inflation psychology,” said Summers, a Harvard University professor and paid contributor to Bloomberg TV. He speaks on Bloomberg's "Wall Street Week."
Citation
Summers, Lawrence H. "Summers Says This Is an 'Unprecedented Time' for the Fed." Wall Street Week, Bloomberg TV, September 18, 2025.