Top Goldman Sachs analyst: Here's what 'stagflation' could mean for markets
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Larry Summers' new warning: Fed heading for 'stagflation and recession'Former Treasury Secretary Larry Summers slammed the Federal Reserve Wednesday for being too timid in its fight against inflation.
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Former Obama economic adviser predicts stagflation, 'major' recession if Fed continues current policiesFormer Obama economic adviser Larry Summers argued that the Federal Reserve's current policy trajectory in handling inflation will likely lead the U.S. to a period of stagflation and a 'major' recession, and called on it to make drastic changes.
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