The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says

Tech Insider : Economy
A photo of Larry Summers
Larry Summers said he was "disillusioned and alienated."

Tom Williams/CQ-Roll Call, Inc via Getty Images

The Fed engineered a miracle. Now comes the hard part.

Tech Insider : Economy, Economy
Jerome Powell, Federal Reserve Chairman
Jerome Powell has so far been able to lower inflation without crushing economic growth.

Chip Somodevilla / Staff

Fed rate hikes are creeping back into the conversation

Tech Insider : Economy, Economy
jerome powell
Fed rate cuts are creeping back into the conversation, in part thanks to Larry Summers' comments.

Jacquelyn Martin/AP

There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says

Tech Insider : Economy
A photo of Larry Summers
Summers says odds are "meaningful" that the Fed's next rate move is a bump higher.

Tom Williams/CQ-Roll Call, Inc via Getty Images

Larry Summers talks about the 'fool's game' at the Fed, AI's economic impact, and Trump. Here are the 5 best quotes.

Tech Insider : Economy
Larry Summers

Tom Williams/Getty Images

Larry Summers says the ongoing turmoil about antisemitism at Harvard is as serious a reckoning as the Vietnam War

Tech Insider : Politics
Lawrence H. Summers (left) and Claudine Gay (right).
Former Harvard president Lawrence H. Summers (left) and current Harvard president Claudine Gay (right).

Tom Williams/CQ-Roll Call, Inc via Getty Images; Kevin Dietsch via Getty Images

The Fed will spark a 'seismic moment' if it cuts rates, and should wait for overwhelming evidence the economy is slowing, Larry Summers says

Tech Insider : Economy
larry summers

REUTERS/Jonathan Ernst

Ex-Google researcher says there's more chance she'd go back to Google than join OpenAI's board

Tech Insider
Former Google researcher Timnit Gebru, who was fired from the company in 2020 over a research paper that argued AI could contribute to racial bias.
Former Google researcher Timnit Gebru says she has no interest in joining the new OpenAI board.

Kimberly White/Getty Images

OpenAI board's plan to get rid of Sam Altman really didn't go so well

Tech Insider
Photo collage of Helen Toner, Ilya Sutskever and Tasha McCauley
Helen Toner, Ilya Sutskever and Tasha McCauley are all off the OpenAI board.

Getty Images

Larry Summers and Bret Taylor are joining OpenAI's board as Sam Altman returns

Tech Insider
OpenAI's new board will consist of Larry Summers, Bret Taylor, and Adam D'Angelo.
OpenAI's new board will consist of Larry Summers, Bret Taylor, and Adam D'Angelo.

Robin Marchant/Mark Wilson/MediaNews Group via Getty Images

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