Wharton Professor of Finance Jeremy Siegel has been beating the drum on inflation in recent months, urging the Federal Reserve to cast aside lagging indicators.
Now that consumer prices are coming down, he says there's only one indicator left standing between the Fed and a pause.
Spot gold was trading near the $1,930 mark on Wednesday in continued consolidation after a four-month sprint brought the commodity up 20% from the Sept. 28 low of $1,614.92.
(Part four of a four-part series)
See previous parts of the series:
Next-Generation Psychedelics: The Case Of MEAI And Its Potential To Treat Addiction
The World Economic Forum (WEF) recently held its annual meeting in Davos, Switzerland where leaders in finance and government convened to discuss policy, pandemic fragmentation and multipolarity.
Benzinga attended the event and interviewed Jeff Schumacher, the founder and CEO at NAX, the New Asset Exchange.
The World Economic Forum (WEF) recently held its 2023 annual meeting. Attendees convened to discuss tough issues to shape policy and improve the state of the world.
The World Economic Forum, which is often referred to as WEF, is a Swiss-based international organization focused on engaging leaders in finance and government, among other areas, on tough issues to shape policy and improve the state of the world.