US economist Jeremy Siegel said the threshold for another Fed rate hike was high. The Fed's actions were no longer lagging behind the yield curve, and it had done its job. He also indicated that the Fed was expected to cut rates before the end of the year.
US Economist Jeremy Siegel: Threshold for Another Fed Rate Hike is High; Rate Cut Expected by Year-End
US economist Jeremy Siegel said the threshold for another Fed rate hike was high.
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