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. Wall Street economists forecast two rate cuts this year, with more relief in 2025. Federal Reserve Bank of Chicago President supports rate cuts if US inflation falls to 2% target. These predictions impact Bitcoin price, causing a 0.66% drop. Traders reduce bets on rate cuts after cautious Fed meeting minutes. #FederalReserve #economy #ratecuts #Bitcoin...

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

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