Fed at Risk of Crashing U.S. Economy: Expert

Posted on AllSides July 6th, 2022
From The Center
Win McNamee/Getty Images

The Federal Reserve needs to act with caution or it could cause the U.S. economy to crash, according to one expert.

Jeremy Siegel, a finance professor at the University of Pennsylvania's Wharton School, said in a clip shared by CNBC's Squawk Box Wednesday that "the Fed has just got to be careful not to slam on the brakes and just crash this economy."

"They have to realize that most of the inflation now is behind us, even though it's going to be going through the official statistics over the next...

Read full story
Some content from this outlet may be limited or behind a paywall.


AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
See full bias rating for Newsweek
Learn about media bias

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right