On Monday 5 August 2024, Professor Jeremy Siegel called for the US Federal Reserve (Fed) to take bold action publicly on a CNBC segment. He believes that the Fed has held interest rates too high for too long, creating restrictive monetary policy. The faster we can get this policy rate back towards a more neutral level, the better, in his opinion. In this blog, we break down the logic of this call and discuss why volatility may be an opportunity for investors.
Historical performance is not an indication of future results and any investments may go down in value.
Article originally published by WisdomTree. FE fundinfo is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
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