Powell won’t cut interest rates on Wednesday, Wharton’s Jeremy Siegel says. He suspects attacks on the Fed chair will escalate
- Posted on May 5, 2025
- By Bing News
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Powell won’t cut interest rates on Wednesday, Wharton’s Jeremy Siegel says. He suspects attacks on the Fed chair will escalate
“Powell is not going to do anything,” Siegel said in an interview. “Trump, I think, is going to step up the escalation,” he said later.
