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Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed

Post author:MiamiCrypto
Post published:October 11, 2022
Post category:75 basis points 75bps Catherine Wood Central Bank deflation deflationary bust Economics Elizabeth Warren Fed Federal Reserve Finance inflation interest rate hikes lagging indicators News rate hikes risk Risky un report UNCTAD report United Nations US Fed

Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter…