Wharton business school professor argues the Federal Reserve's 'inexcusable' monetary policy has created the inflation crisis on 'Cavuto: Coast to Coast.'
Wharton business school professor Jeremy Siegel analyzes the Federal Reserve’s policies, warning the Fed’s actions will make a ‘deep recession’ inevitable
Wharton business school professor Jeremy Siegel warned Tuesday the Federal Reserve's hawkish stance on combating inflation is sending the U.S. economy towards a "deep recession." On "," Siegel unpacked the Fed's recent rate hike and argued an "excess of monetary growth" over the past two years created the "inexcusable" problem.
US ECONOMIC DOWNTURN COULD GET ‘VERY SERIOUS’ AS FED RISKS CRUSHING DEMAND WITH RATE HIKES: JUDY SHELTONI've been angry at the Fed for two years. I mean, the excess of monetary growth in 2020 and 2021 was inexcusable, in my opinion, and it's caused. And now they cause all this inflation, and I think they're moving too far in the other direction.
we've got to be tighter for longer, I think can drive this country into a recession, a deep recession.
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