Billionaire Ray Dalio Warns Of Stagflation, Calls Fed 'Naïve And Inconsistent' For Raising Interest Rates

Billionaire hedge fund manager Ray Dalio recently offered his take on whether rising interest rates could help improve the economy.

Higher Interest Rates Are Not A Solution: It's "naïve and inconsistent" to think that the Federal Reserve needs to raise interest rates to control inflation, Dalio said in a LinkedIn post.