Alarming Signals: Larry Summers Warns on Slowing Quantitative Tightening and Debt Fragility

In a recent commentary, former Treasury Secretary Larry Summers raised concerns about the implications of a decelerating pace of quantitative tightening (QT) implemented by the Federal Reserve. This shift, he argues, serves as a vital indicator of the increasing fragility of the U.S. debt market. As central banks around the world grapple with economic stability, Summers' remarks underscore the potential risks associated with the carries of ongoing financial policy adjustments.

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