Wharton Prof’s Bold Call: 1.5% Fed Rate Cuts Needed Now

Wharton School Professor Jeremy Siegel has made a bold call for substantial cuts to the Federal Reserve’s interest rates. Siegel suggests an emergency cut of 75 basis points in the Fed funds rate, followed by another 75 basis point cut at the September meeting. He believes these aggressive cuts are essential to stabilize the economy The post Wharton Prof’s Bold Call: 1.5% Fed Rate Cuts Needed Now appeared first on Coin Edition .