Jeremy Siegel: Fed Raising Rate in Spring 2010, Inflation Not Immediate

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Dec 08, 2009
Fed Chairman Ben S. Bernanke said today that the U.S. economy faces “formidable headwinds,” including a weak labor market and tight credit that are likely to produce a “moderate” pace of expansion

Jeremy Siegel, a professor of finance at the Wharton School at the University of Pennsylvania talks with Bloomberg's Julie Hyman about the outlook for Federal Reserve monetary policy and the economy.

Siegel thinks that Feb is going to raise interest in Spring of 2010.

Contrary to conventional wisdom, Siegel does not see inflation becomes an immediate consequence of or threat to the economy recovery.



(Source: Bloomberg)


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