Former US Treasury Secretary Larry Summers, who faced criticism from the Biden administration in 2021 for saying inflation would rise in the US, predicts that the US will likely see a recession in the next two years because of an “overheated” economy and says he expects interest rates will continue to rise.

(SOURCE) https://www.cnn.com/videos/business/2022/06/15/larry-summers-recession-inflation-fed-rate-hike-dlt-vpx-sot.cnn