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Monday, November 18, 2024

Wharton Professor Jeremy Siegel says he’s disturbed by the Fed’s groupthink as there are no members who have dissented with Powell’s hawkishness

Wharton professor Jeremy Siegel is disturbed by the apparent lack of diversity in thought at the Federal Reserve, and it could lead to big market problems down the road. Siegel has not been shy in voicing his criticisms of the Fed in recent weeks, arguing that their hawkish fight against inflation …

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