Jeremy Siegel on Economic Growth, Tariffs, AI, Trade, and the Fed

Knowledge at Wharton

Episode Description

ABOUT THE EPISODE Jeremy Siegel, Wharton Emeritus Professor of Finance and Chief Economist at WisdomTree, joins Dan Loney for his monthly appearance on "This Week in Business" (last Wednesday of every month) to discuss the latest developments in the economy, markets, and trade. As the August 1st deadline approaches for President Trump’s potential decision on raising tariffs on the EU, Jeremy provides insights on the possible impacts of rising tariffs on economic growth and inflation. He also explores how AI could help companies offset some of the increased costs from tariffs and potentially drive productivity improvements.

Jeremy further discusses the challenges facing the Federal Reserve, including the leadership of Chair Jerome Powell and the possibility of future rate cuts. With economic uncertainty ahead, Jeremy shares his views on GDP growth, inflation, and how the Fed should respond to the evolving economic landscape.

(Interview recorded on July 22, 2025)

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Brief Summary

Jeremy Siegel discusses tariffs, the Fed's role, and AI's impact on productivity and economic growth.

Key points

  • The Impact of Tariffs. Jeremy Siegel discusses the potential negative effects of tariffs on economic growth.
  • AI's Role in the Economy. Siegel highlights the potential of AI to offset tariff costs and boost productivity.
  • Fed Leadership and Accountability. Siegel suggests that Chairman Powell should consider resigning amid economic pressures.

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