CryptoWorld News reports that Bridgewater Fund founder Ray Dalio said on April 27 local time that inflation pressures continue to stack up alongside a slowdown in economic growth, and that policymakers must remain cautious. He noted that the U.S. economy is undoubtedly in a stagflation period, and warned that if Kevin Wush—who is set to succeed the chair of the Federal Reserve—chooses to cut interest rates, it would lead to a policy misstep.

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