Weaker labor data has boosted expectations of Fed rate cuts, with Wharton’s Jeremy Siegel predicting three reductions this year. Markets are rallying on the outlook, while Goldman Sachs’ Jan Hatzius warns job growth is fragile but sees a rebound by 2026 as tariffs ease and policy turns supportive. Recent jobs data did not paint the stable picture of the labor …
Read More »Sorry Jerome, weakening economic data is ‘exactly what markets needed’, says Wharton professor
