The Daily Hodl
2022-10-12 18:45:18

ARK Invest’s Cathie Wood Pens Open Letter Claiming Fed Is Making Policy Error in Hiking Interest Rates

Veteran hedge fund manager and ARK invest founder Cathie Wood is calling out the US Federal Reserve in a new open letter. In a post on ARK’s website, Wood says the Fed seems to be basing its decisions based on two variables: employment and headline inflation. The ARK founder views both as lagging indicators, and questions […]The post ARK Invest’s Cathie Wood Pens Open Letter Claiming Fed Is Making Policy Error in Hiking Interest Rates appeared first on The Daily Hodl.

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