Wharton professor Jeremy Siegel went on an epic rant against Federal Reserve Chair Jerome Powell on Friday. Appearing on CNBC as the market melted down , the longtime market guru argued that the Fed made a massive error last year by not moving to tighten monetary policy before inflation got out of hand – and then mocked Powell and crew for assuming inflation would simply fade away on its own. ” 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 […]
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