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Lawrence Summers warns on inflation complacency, sees more bond declines

“Nobody ever thought we were an underlying 8% inflation country,� Summers said on Bloomberg Television’s “Wall Street Week� with David Westin. “So the fact that the rate has come down shouldn’t be confused with saying that ‘we can be confident that we’re on a path of this all being OK.’�

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​ â€œNobody ever thought we were an underlying 8% inflation country,â€� Summers said on Bloomberg Television’s “Wall Street Weekâ€� with David Westin. “So the fact that the rate has come down shouldn’t be confused with saying that ‘we can be confident that we’re on a path of this all being OK.’â€� “Nobody ever thought we were an underlying 8% inflation country,â€� Summers said on Bloomberg Television’s “Wall Street Weekâ€� with David Westin. “So the fact that the rate has come down shouldn’t be confused with saying that ‘we can be confident that we’re on a path of this all being OK.’â€�  Moneycontrol Latest News Read More  

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