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Wharton’s Siegel expects the Fed will soon get ‘serious’ on inflation and that’s bad for stocks


Jeremy Siegel

David Orrell | CNBC

Wharton School finance professor Jeremy Siegel told CNBC on Wednesday he expects the Federal Reserve will soon adopt a tougher monetary policy stance to combat the inflationary pressures that continue to hit the U.S. economy.

Inflation has taken away all the wage gains for workers and then some

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