Federal Reserve Urges Emergency Rate Cut
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Federal ReserveCNBC
•Wharton's Jeremy Siegel says Fed needs to make an emergency rate cut
74% Informative
The Federal Reserve kept interest rates at 5.25% and 5.5% after its meeting last week .
Jeremey Siegel called on the Fed to make an emergency 75 basis points emergency cut in the federal funds rate.
Siegel isn't concerned that an emergency cut will send the markets into a downward spiral.
VR Score
85
Informative language
88
Neutral language
76
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semi-formal
Language
English
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33
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Attention-grabbing headline
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short-lived
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