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Fed Should Deliberate a Potential Half-Point Rate Increase in July, Advises Summers in Case of June Pause

The Federal Reserve should be open to raising interest rates by a half percentage point in July if it opts to hold off from...

Recession risks mounting, Fed options dwindling, says Summers

Former Treasury Secretary Lawrence Summers said the likelihood of a US recession is rising after a series of weak economic indicators and that the...

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