Inflation is ‘basically over’ and the Fed is ‘making a terrible mistake’ by continuing to raise interest rates, Wharton professor Jeremy Siegel says

Inflation is ‘basically over’ and the Fed is ‘making a terrible mistake’ by continuing to raise interest rates, Wharton professor Jeremy Siegel says

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Inflation, as measured by the consumer price index (CPI), rose 7.1% from a year ago last month, and Federal Reserve Chairman Jerome Powell said this week that it will take “substantially more evidence” to prove that it’s on a “sustained downward path.” But Wharton professor Jeremy Siegel says the…

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