This is a news story, published by CNBC, that relates primarily to Wharton news.
For more Wharton news, you can click here:
more Wharton newsFor more interest rates news, you can click here:
more interest rates newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about interest rates, you might also like this article about
emergency interest rate reduction. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Wharton School Professor Jeremy Siegel news, Fed Chair Jerome Powell news, news about interest rates, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Federal ReserveCNBC
•72% Informative
Wharton 's Jeremey Siegel no longer thinks it's vital for an emergency interest rate reduction.
"Would it be bad? No. But would it be necessary? No, not at this time," he said.
Siegel caused a stir Monday when he said Fed Chair Jerome Powell and his colleagues should institute an emergency 0.75 percentage point decrease now and follow it up with another one in September .
VR Score
81
Informative language
85
Neutral language
52
Article tone
informal
Language
English
Language complexity
39
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links