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Wharton's Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history

Por: MarketWatch Politics September 24, 2022

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And now, Siegel said, the Fed is making another mistake by raising interest rates and tightening monetary policy too aggressively. “When we had all commodities going up at rapid rates, Chairman Powell and the Fed said, ‘We don’t see any inflation. We see no need to raise interest rates in 2022.’ Now when all those very same commodities and asset prices are going down, he says, ‘Stubborn inflation that requires the Fed to stay tight all... + full article



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Wharton's Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history

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thumbnailAnd now, Siegel said, the Fed is making another mistake by raising interest rates and tightening monetary policy too aggressively. “When we had all commodities going up at rapid rates, Chairman Powell and the Fed said, ‘We don’t see any inflation. We see no need to raise... + más

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