Steve Cohen says the Fed may have a hard time getting inflation down to its goal
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Billionaire hedge fund manager Steve Cohen said Wednesday that it will be difficult for the Federal Reserve to get inflation back down to its 2% goal. “The Fed thinks it’s eventually going to come down to a 2% inflation rate. … I think that’s going to be hard,” Cohen told CNBC’s Andrew Ross Sorkin on “Squawk Box.”
Steve Cohen says the Fed may have a hard time getting inflation down to its goal
Steve Cohen says the Fed may have a hard time…
Steve Cohen says the Fed may have a hard time getting inflation down to its goal
Billionaire hedge fund manager Steve Cohen said Wednesday that it will be difficult for the Federal Reserve to get inflation back down to its 2% goal. “The Fed thinks it’s eventually going to come down to a 2% inflation rate. … I think that’s going to be hard,” Cohen told CNBC’s Andrew Ross Sorkin on “Squawk Box.”