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Former US Treasury Secretary Lawrence Summers criticized the Federal Reserve for showing eagerness to cut interest rates, expressing confusion over the timing. Summers, with extensive financial experience, questioned the Fed's haste in reducing rates.
Former US Treasury Secretary and Wall Street Week contributor Lawrence H. Summers thinks the Fed has "itchy fingers to start cutting rates." Watch "Wall Street Week" tonight at 6p ET https://t.co/PWq7xKy7TW https://t.co/mLlAjcR8bd
The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says https://t.co/ZgS5p14qyc
With long experience at pinnacles of financial power, Larry Summers senses Fed has "itchy fingers" but he doesn't get why at this moment. Neither do I. https://t.co/mAnh68NSK3