Wharton School economist: If Powell does not significantly cut interest rates, the US economy may "rush towards the cliff".

BlockBeats News, on September 18th, Jeremy Siegel, a professor at the Wharton School of the University of Pennsylvania, known as the "father of the stock market," recently wrote that the Fed should consider a larger cut in Intrerest Rate, or it will face the risk of economic recession. Siegel believes in the article that most economic models indicate that Powell should choose the federal fund Intrerest Rate level that best suits the economic situation, rather than follow the pace of cutting interest rates from a very restrictive level. (Jinshi)