Wharton professor Jeremy Siegel says the current credit squeeze is equal to 3 or 4 interest-rate hikes - and urges the Fed to pause its war against inflation
Wharton professor Jeremy Siegel said the current credit squeeze is equivalent to three or four interest rate increases - and urged the Federal Reserve to hold off on its inflation battle.
"I actually think the tightening caused by this crisis is equivalent to three or four 25 basis point hikes of the Fed," Siegel said Monday in a Fox Business interview.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeremy Renner apologizes to mother for nearly dying in snowplow accidentJeremy Renner had a near-fatal snowplow accident on Jan. 1, and now he is apologizing to his mother for putting her through the traumatic experience.
Read more »
Jeremy Allen White’s estranged wife details ‘f–king hard’ single mom life“It is all out covered in s–t crying on the floor kick you in the shins screaming with no sound coming out hard,” she began her lengthy Mother’s Day caption.
Read more »
Duke guard Jeremy Roach will return for senior season after withdrawing from 2023 NBA draftAnother key member of Duke's 2023 squad will return for next season.
Read more »
The Team Prepares for a Big Opening in First 'The Bear' Season 2 TrailerJeremy Allen White, Ebon Moss-Bachrach, and Ayo Edebiri star in Hulu's delicious comedy-drama.
Read more »
Jeremy Lin Suffers Scary Head Injury In Taiwan League GameEx-NBA star Jeremy Lin suffered a scary head injury during a game in Taiwan league on Sunday.
Read more »