Wharton's Jeremy Siegel: Fed should think about lowering rates

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The Fed made a policy mistake by raising interest rates in December, Wharton Professor Jeremy Siegel says. 'It makes no sense for the Fed funds rate to be exactly the same as the 10-year bond. It should be lower.'

Jeremy Siegel, Wharton School professor, joins CNBC's "The Fast Money Halftime Report" to discuss what he thinks the Federal Reserve's next move could be.

 

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Wharton Siegel knows more than all of you commenting combined. Just listen

Wharton Funny

Wharton I wonder how this will affect the loanable funds market? Will this increase quantity of loanable funds? Would increasing the market loanable funds really be best during this inflationary period? kenyonmacro

Wharton Pretty sure he meant 10yr notes, not bonds...Saw the interview live and thought it sounded weird. Like when my father would order a “Heinekens”. I’d think to myself, “You’re not a real beer drinker!”

Wharton We are continuing to be told that the economy is booming yet interest rates are very low. If the economy cannot handle normalizing interest rates than this whole economy is nothing more than an illusion.

Wharton They made a policy mistake when they kept interest rates artificially low for so long that people got used to it

Wharton 美国最大的错误是停止加息,这让利差导致的美元流入迅速降低,而美国经济本来就依赖这部分资金。很显然,美国经济已经失去增速,未来即将进入下降趋势。

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