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There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says
"There's a meaningful chance, maybe it's 15%, that the next move is going to be upwards in rates, not downwards," Larry Summers said.
Summers says odds are "meaningful" that the Fed's next rate move is a bump higher.Tom Williams/CQ-Roll Call, Inc via Getty Images
- There's a 15% chance the Fed raises rates this year, Larry … [+2402 chars]
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