Fed Taper Should've Ended Months Ago: Wharton's Siegel

The video discusses the Federal Reserve's actions regarding tapering and interest rate hikes, emphasizing the need for immediate rate increases to manage inflation. It highlights the disconnect between consumer sentiment, which is negatively impacted by inflation, and strong retail performance. The public's awareness of inflationary pressures is noted, contrasting with the Fed's delayed response. The discussion concludes with a reflection on the unprecedented level of stimulus and its effects.

In what way does the speaker believe the public is ahead of the Federal Reserve?

What is the speaker's opinion on the Federal Reserve's actions?