Key Words: ‘It is far from clear what problem would be solved’ with $2,000 stimulus checks, says Larry Summers

Since Americans have been maintaining higher-than-expected levels of disposable income, Summers said increased stimulus checks would have a muted, and potentially negative, impact on the U.S. economy.

Since Americans have been maintaining higher-than-expected levels of disposable income, Summers said increased stimulus checks would have a muted, and potentially negative, impact on the U.S. economy.