He predicted US inflation would rise. Hear what he thinks about a recession

Former US Treasury Secretary Larry Summers, who faced criticism from the Biden administration in 2021 for saying inflation would rise in the US, predicts that the US will likely see a recession in the next two years because of an “overheated” economy and says he expects interest rates will continue to rise.Former US Treasury Secretary Larry Summers, who faced criticism from the Biden administration in 2021 for saying inflation would rise in the US, predicts that the US will likely see a recession in the next two years because of an “overheated” economy and says he expects interest rates will continue to rise.