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Ark's Cathie Wood issues open letter to the Fed, saying it is risking an economic 'bust'

Por: CNBC Business October 10, 2022

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Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 2, 2022.David Swanson ReutersThe Federal Reserve likely is making a mistake in its hard-line stance against inflation Ark Investment Management's Cathie Wood said Monday in an open letter to the central bank.Instead of looking at employment and price indexes from previous months, Wood said the Fed should... + full article



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