Ray Dalio Advises Against Interest Rate Cuts During 'Stagflation'

Ray Dalio stated that Kevin Warsh should not cut interest rates during a period of 'stagflation,' warning that such a move could damage confidence in the central bank at a critical juncture.

27 Apr, 17:09 — 27 Apr, 17:09

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cnbcMostly Factual2d ago

Ray Dalio says Kevin Warsh shouldn't cut interest rates in a ‘stagflation’ era

Dalio said that if Kevin Warsh were to cut rates, it would risk damaging confidence in the central bank at a critical moment.

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Ray Dalio Advises Against Interest Rate Cuts During 'Stagflation'

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Ray Dalio says Kevin Warsh shouldn't cut interest rates in a ‘stagflation’ era

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