Key Words: “The UK is behaving a bit like an emerging market turning itself into a submerging market,” former U.S. Treasury Secretary says

This article was originally published on MarketWatch

Former U.S. Treasury chief Lawrence Summers has criticized U.K. Prime Minister Liz Truss’ macroeconomic policies as “one of the worst of any major country in a long time” and warned it may trigger the British pound to fall below parity with the U.S. dollar.