Bloomberg Business

Summers Says Too Soon to Call for March 50 Basis-Point Fed Hike

Former Treasury Secretary Lawrence Summers said that while inflation data are showcasing a broadening in US price pressures, it’s too soon to argue for the Federal Reserve to re-accelerate its pace of interest-rate hikes next month.

Pence’s DC Office Searched With No New Secret Documents Found

The US Justice Department completed a “thorough and unrestricted search” for several hours at the office of Mike Pence’s advocacy organization and found no new documents with classified markings, an adviser for the former vice president said.

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