Dalio sees quarter-point Fed cut as ‘Right Thing’ for creditors
18/9/2024 6:17
Bridgewater Associates founder Ray Dalio said the overall picture of the US economy probably warrants a smaller interest-rate cut by the Federal Reserve this week.
“The Fed has to keep interest rates high enough to satisfy the creditors that they are going to get a real return without having them so high that the debtors have a problem,” Dalio told Bloomberg Television correspondent Haslinda Amin in an interview in Singapore on Wednesday.
Source: Bloomberg
3287.99
1275.09