Siegel on Inflation, Interest Rates

Author and Wharton Professor Jeremy Siegel says he thinks the Federal Reserve will likely raise interest rates “modestly” by this coming spring — earlier than many expect. But, he tells Bloomberg, it will be some time before we see significant inflation. Siegel says that he thinks inflation won’t be much of a threat for a couple years, and that when it does kick in, it won’t come close to the double-digit figures some have predicted.