Wharton's Jeremy Siegel Urges Federal Reserve to Signal September Rate Cuts
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#df25ce9f ver:0.39

Goldman Sachs CEO predicts no Federal Reserve rate cuts in 2024, citing a fragile US economy and global sluggishness. However, Wharton professor Jeremy Siegel urges the Fed to signal September rate cuts, pointing to a slowing economy. Traders have reduced bets on rate cuts after cautious Fed minutes. The projections have implications for the cryptocurrency market, as Bitcoin price drops. Federal Reserve Bank of Chicago President supports rate cuts if US inflation falls back to target. #FederalReserve #economy #ratecuts #Bitcoin...

#newstr #FederalReserve #InterestRates #Economy #RateCuts #JeremySiegel #JeromePowell #BureauOfLaborStatistics #ClaudiaSahm 

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