Wealthy individual Ken Griffin mentioned that the groundwork for a US economic downturn is currently taking shape, and the Federal Reserve must increase interest rates further in response to the “stressful” levels of inflation experienced by Americans. The creator of Citadel expressed that the Fed’s ability to combat inflation through interest rate hikes is restricted, drawing a comparison to “performing surgery with a blunt blade.” Griffin engaged in an exclusive conversation with Bloomberg’s Felipe Marques in Palm Beach, Florida.
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Source: YouTube/Bloomberg Television
