Larry Summers warns U.S. economy is still ‘very, very hot' with 'pockets of distress' in commercial real estate

Larry Summers warns U.S. economy is still ‘very, very hot' with 'pockets of distress' in commercial real estate

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Former U.S. Secretary of the Treasury Lawrence Summers doesn’t think the U.S. fight against inflation is over yet. The U.S. economy is still “very, very hot,” he said on Monday at the Caixin Asia New Vision Forum in Singapore, where he attended via video link, according to Bloomberg. “The United…

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