Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously.

“You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. He indicated that such a likelihood is somewhere in the 15% to 25% range.

Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously.
“You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. He indicated that such a likelihood is somewhere in the 15% to 25% range.

Wall Street Week tells the stories of capitalism from around the world, hosted by David Westin in New York.

Wall Street Week tells the stories of capitalism from around the world, hosted by David Westin in New York.

David Westin speaks with top names in finance about the week's biggest issues on Wall Street.

Wall Street Week

Larry Summers Talks CPI, Fed Moves

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/56f37c2f-b39f-4048-8a0f-b14f00871e91/transcript

This week, a special edition of Wall Street Week on the USMCA trade deal. The renegotiations are testing the future of an auto industry built on decades of cross-border integration. And, American farmers increasingly depend on exports to Canada and Mexico as other overseas markets become more difficult to access. Plus, years of infrastructure investment have created an energy market that crosses borders more easily than political narratives suggest. Later, can three countries with different priorities still agree on a common economic vision?

This week, a special edition of Wall Street Week on the USMCA trade deal. The renegotiations are testing the future of an auto industry built on decades of cross-border integration. And, American farmers increasingly depend on exports to Canada and Mexico as other overseas markets become more difficult to access. Plus, years of infrastructure investment have created an energy market that crosses borders more easily than political narratives suggest. Later, can three countries with different priorities still agree on a common economic vision?

USMCA: Can North America’s Trade Deal Survive?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/eb8e37ff-4377-4887-bee3-b47501169838/transcript

For the Juneteenth holiday weekend, we bring you a team favorite podcast. This episode first aired on May 29th, 2026. 

The UK’s debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as long-term infrastructure, but neighbors worry about noise, water use, power demand and lasting costs. Plus, is Poland is one of the world’s fastest-growing economies, but it faces challenges to keep up its rapid rate of growth. Later, war in the Middle East and US tariffs are simultaneously tightening global aluminum supply and pushing prices sharply higher worldwide.

For the Juneteenth holiday weekend, we bring you a team favorite podcast. This episode first aired on May 29th, 2026.&nbsp;
The UK&rsquo;s debt burden and weak growth are reviving fears that financial markets could once again destabilize British politics and policy. And, investors see data centers as long-term infrastructure, but neighbors worry about noise, water use, power demand and lasting costs. Plus, is Poland is one of the world&rsquo;s fastest-growing economies, but it faces challenges to keep up its rapid rate of growth. Later, war in the Middle East and US tariffs are simultaneously tightening global aluminum supply and pushing prices sharply higher worldwide.

Team Favorite:  Britain’s Debt Problem, AI’s Local Burden, Poland’s Economic Boom, The Aluminum Shock

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/19d277c6-ef7c-485e-918d-b46d01890b3a/transcript

This week, the arrival of mega-IPOs is testing capital markets as investor appetite grows larger than supply. The federal government is making a direct investment in private technology companies, betting on quantum computing. Plus, Google is making its most radical change to search in twenty years by incorporating AI. Later, the most lucrative World Cup in history is testing how much fans are willing and able to pay for football. 

This week, the arrival of mega-IPOs is testing capital markets as investor appetite grows larger than supply. The federal government is making a direct investment in private technology companies, betting on quantum computing. Plus, Google is making its most radical change to search in twenty years by incorporating AI. Later, the most lucrative World Cup in history is testing how much fans are willing and able to pay for football.&nbsp;

SpaceX Goes Public, Google’s AI Bet, World Cup Price Backlash

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d20ae6cb-04f8-48be-8875-b467012bd502/transcript

Larry Summers Talks CPI, Fed Moves

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