Published 2 years ago

Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy

Summary by Ground News

Jeremy Siegel says the risk of a downturn is now much higher than any "waffling" on inflation by the Fed. The central bank has shown no sign of easing its rate hike campaign since inflation reached 9.1% this summer. Siegel has been a loud critic of the Fed's delayed reaction to inflation.

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CNBC

Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy

Jeremy Siegel criticized the Fed Chair for failing to control inflation and putting American workers at risk.

2 years ago·United States

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The Epoch Times

Federal Reserve's Jerome Powell Owes American People an 'Apology', Says Jeremy Siegel

According to eminent Wharton Business School professor Jeremy Siegel, Federal Reserve Chair Jerome Powell owes the American people an “apology” for his poor handling of monetary policy over the last couple of years. In an interview with CNBC on Monday, Siegel purported that the central bank is now behaving too aggressively to combat inflation and will negatively affect U.S. workers during this tightening cycle. Because the Fed is focusing to…

2 years ago·New York, United States

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Business Insider

Wharton professor Jeremy Siegel says the Fed's rate hike campaign is so extreme that recession risk is much higher than risk of the central bank 'waffling' on inflation

"Honestly, Chairman Powell I think should offer the American people an apology for such poor monetary policy he's pursued," Jeremy Siegel said.

2 years ago·United States

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Head Topics

Wharton's Siegel Says Jerome Powell Owes ‘the American People an Apology' for Poor Fed Policy

Wharton's Siegel Says Jerome Powell Owes ‘the American People an Apology' for Poor Fed Policy. Jeremy Peña out of Astros' lineup for Orioles finale.

2 years ago

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Fox News

Wharton professor says Fed Chairman Powell 'should offer the American people an apology'

Jeremy Siegel, Professor of Finance at the University of Pennsylvania's Wharton School, slammed Federal Reserve Chairman Jerome Powell on CNBC's "Squawk Box."

2 years ago·New York, United States

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Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy

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Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy

Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy

Federal Reserve's Jerome Powell Owes American People an 'Apology', Says Jeremy Siegel

Federal Reserve's Jerome Powell Owes American People an 'Apology', Says Jeremy Siegel

Wharton professor Jeremy Siegel says the Fed's rate hike campaign is so extreme that recession risk is much higher than risk of the central bank 'waffling' on inflation

Wharton professor Jeremy Siegel says the Fed's rate hike campaign is so extreme that recession risk is much higher than risk of the central bank 'waffling' on inflation

Wharton's Siegel Says Jerome Powell Owes ‘the American People an Apology' for Poor Fed Policy

Wharton's Siegel Says Jerome Powell Owes ‘the American People an Apology' for Poor Fed Policy

Wharton professor says Fed Chairman Powell 'should offer the American people an apology'

Wharton professor says Fed Chairman Powell 'should offer the American people an apology'

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