Jeremy Siegel (R), professor of finance at the Wharton School, University of Pennsylvania, participates in a panel discussion during the Skybridge Alternatives (SALT) Conference in Las Vegas, Nevada May, 9, 2012.REUTERS/Steve Marcus Jeremy Siegel said forward-looking inflation looks good, and the Fed can moderate its rate hike policy. He thinks just three more rate hikes are necessary for the Fed to meet the market's expectations. CPI, he said, often lags other economic data, so the inflation picture should continue to improve.

 

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