The economy can expand so long as gas doesn't go much above $4 a gallon, Jeremy Siegel says
By Sarah Min
Published on April 1, 2026.
Professor Jeremy S. V. S. of Finance at the University of Pennsylvania's Wharton School of Business, believes that the U.S. economy can expand if gas prices remain above $4 a.m., despite concerns that it could lead to higher costs for families and increased inflation. He also noted that there are encouraging signs that the US-Iran war may be over.
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