Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake' Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight. Orignial Source: https://www.foxbusiness.com/economy/larry-summers-jobs-report-shows-feds-half-point-rate-cut-mistake Previous article: Spirit Airlines stock plummets on report of potential bankruptcy filing Prev Next article: Mark Zuckerberg passes Jeff Bezos as world's second-richest person Next