Jeremy Siegel expects a ‘hawkish cut’ from Fed on Dec 10

The Federal Reserve is set to announce its next interest rate decision on December 10, a meeting that comes amid unusual uncertainty. With official economic data releases disrupted by the government shutdown, policymakers are relying on older reports and private surveys to gauge the health of the economy. Despite this fog, Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania’s Wharton School and chief economist at WisdomTree, believes the Fed will deliver what he