Jeremy Siegel warns of tough market conditions if Fed doesn't cut rates.

Jeremy Siegel, a finance professor at the University of Pennsylvania, warns that if the Federal Reserve doesn't cut interest rates, it will be "tougher sledding" for the market this year. He believes that the economy is slowing down and that the Fed needs to act to prevent a recession. Siegel also notes that the market is currently pricing in a rate cut, and if the Fed doesn't deliver, it could lead to a sell-off.