Wharton professor Jeremy Siegel predicts the Fed will end its interest-rate hikes this month - and stocks will surge 15% next year

Dec 14 2022 by Business Insider

 
Jeremy Siegel.

Getty Images

The inflation threat is receding despite some data saying otherwise, Jeremy Siegel says. The Wharton professor expects the Federal Reserve to end its interest-rate hikes after this month. Stocks could surge 15% next year after the Fed realizes it's won the inflation war, Siegel said.

The Federal Reserve has beaten back inflation and will end its interest-rate hikes after this month, sending US stocks up as much as 15% next year, Jeremy Siegel has said.

Official US...

Continue Reading Wharton professor Jeremy Siegel predicts the Fed will end its interest-rate hikes this month - and stocks will surge 15% next year