Published Date Nov 06, 2020

Yahoo Finance: Larry Summers on economic recovery: 'I worry about trying to operate in an environment of very, very low interest rates for the long term'


The two economists have served roles under administrations on opposite sides of the aisle, so some of their views differed on how to best position the economy during its road to recovery.

“I’m not pessimistic about a package, but I think it’s going more moderately sized” than under a blue wave– type of scenario, said Hubbard during the virtual meeting held by the Economic Club of New York on Thursday.

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By Brenna Moses

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