Larry Summers: Fed Confidence in Economy Having Soft Landing Is ‘Tooth Fairy Kind of Stuff’  

By Editor - Fri Jul 29, 6:01 pm

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Former Treasury Secretary Lawrence Summers said Friday on MSNBC’s “Andrea Mitchell Reports” the Federal Reserve’s confidence that interest rate hikes will avoid a recession and give the U.S. economy a soft landing is “tooth fairy kind of stuff.”

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Larry Summers: Fed Confidence in Economy Having Soft Landing Is ‘Tooth Fairy Kind of Stuff’

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