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Published

Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut

Summary by CNBC
Wharton's Jeremey Siegel called on the Fed to make an emergency 75 basis points emergency cut in the federal funds rate after Friday's jobs report.

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Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut

Wharton's Jeremey Siegel called on the Fed to make an emergency 75 basis points emergency cut in the federal funds rate after Friday's jobs report.

·United States
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FortuneFortune

An emergency Fed rate cut of 75 basis point is needed now, Wharton’s Jeremy Siegel says

Another cut of 75 basis points should come at the Fed’s next meeting in September, he added.

·New York, United States
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Seeking AlphaSeeking Alpha

Fed should make emergency rate cut as it's 'overshot' dual-mandate targets: Jeremy Siegel

The Federal Reserve should make an emergency rate cut of 75 basis points before its September meeting, Wharton Professor Jeremy Siegel says. Read more here.

·United States
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decrypt.codecrypt.co

Fed Must Make Emergency Rate Cut to Avoid US Turmoil, Says Top Economist

The lack of movement so far “makes absolutely no sense,” Wharton's Jeremy Siegel tells CNBC.

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