jeremy siegel
Jeremy Siegel.
  • Wharton professor Jeremy Siegel suggested investors should stop kicking up a fuss over high US inflation.
  • "We've had a lot of effect on prices in the first 12 months and people are all upset because it's not down to 2%," he said. 
  • The veteran economist said he sees a stronger US economy than he did previously thanks to a strong jobs report.

Investors should stop being so vexed about US inflation because the economy is stronger than ever, according to Wharton professor Jeremy Siegel. 

The veteran economist spoke after Tuesday's inflation report showed price pressures still remained stubbornly high. The US Consumer Price Index rose 6.4% in January from a year earlier, just shy of December's annual change of 6.5%.