Siegel: Fed Needs to Start Thinking about Rate Hikes

Wharton professor and Stocks for the Long Run author Jeremy Siegel says recent inflation numbers are “a bit troubling”, and thinks the Federal Reserve by this coming autumn should begin looking at raising interest rates. He tells Bloomberg that history shows that, while raising rates can cause short-term tremors in the market, rate hikes early in a bull market don’t stop a long-term bull. He thinks the stock market still looks very attractive.


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