• Wharton professor Jeremy Siegel says Jerome Powell is making one of the biggest policy mistakes in the Fed's 110-year history, and it could lead to a major recession

    5 days ago - By Business Insider

    Jeremy Siegel, professor of finance at the Wharton School of the University of Pennsylvania. Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images The Fed is making the same exact mistake it made a year ago, and possibly the biggest mistake in its history. That's according to Jeremy Siegel, who criticized the Fed's inability to recognize inflation is coming easing. "It makes absolutely no sense to me whatsoever, way too tight!" Siegel said. Wharton professor Jeremy Siegel has a big issue with the Federal Reserve's aggressive interest rate hikes in its bid to tame inflation, and...
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