There's a 70% chance of a US recession thanks to the Fed's fight against inflation and risks of a credit crunch, says Larry Summers
![Be careful of false dawns': Former Treasury Secretary Larry Summers warns a recession is still 'more likely than not' | Fortune Be careful of false dawns': Former Treasury Secretary Larry Summers warns a recession is still 'more likely than not' | Fortune](https://content.fortune.com/wp-content/uploads/2023/01/GettyImages-1243961437-e1673633737901.jpg)
Be careful of false dawns': Former Treasury Secretary Larry Summers warns a recession is still 'more likely than not' | Fortune
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