U.S. inflation is ‘basically over,’ says Wharton professor, Fed is ‘making serious mistakes’
Jeremy Siegel said the CPI data does not represent reality. Busy traders at the New York Stock Exchange on December 13, 2022. PHOTO CREDIT: SPENCER PLATT—GETTY IMAGES U.S. inflation, as measured by the Consumer Price Index, rose 7.1 percent year-on-year last month, and Federal Reserve Chairman Jerome Powell said this week that “substantial additional evidence” […]