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The Daily Hodl 2023-10-09 16:55:32

Billionaire Chamath Palihapitiya Says Fed Unlikely To Cut Rates Anytime Soon Amid Breakout of New Armed Conflict

Billionaire venture capitalist Chamath Palihapitiya thinks the Federal Reserve will keep interest rates higher for longer as the world witnesses the start of a new war. Palihapitiya tells his 1.6 million followers on the social media platform X that inflation could soar once again on the back of rising oil prices amid the escalating war The post Billionaire Chamath Palihapitiya Says Fed Unlikely To Cut Rates Anytime Soon Amid Breakout of New Armed Conflict appeared first on The Daily Hodl .

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