Summers Says Politically Pressuring Fed a 'Fool's Game'

Summers Says Politically Pressuring Fed a 'Fool's Game'

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For your information, you can find below the description of the video Summers Says Politically Pressuring Fed a 'Fool's Game' published by the Youtube channel Bloomberg Markets and Finance:

Former US Treasury Secretary Lawrence Summers says the attempt to politically pressure Federal Reserve Chair Jay Powell on interest-rates policy by two Democratic senators this week would be counterproductive. "Frankly, the Fed doesn't listen," Summers says on "Wall Street Week" with David Westin. "Political pressure is a fool's game."