We've got to be monitoring the real side of the economy: There's nothing in the Fed's mandate that's about making sure the stock market is comfortable. - Chicago Fed President Austan Goolsbee
The Fed should make an immediate 75 bp inter-meeting cut and follow that up with a 75 bp cut at the September meeting. - Wharton's professor Jeremy Siegel
In the short run, if the Fed does not indicate that it will react soon, the outlook is very unsettled. - Wharton's professor Jeremy Siegel
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