Economy
Dalio's Stagflation Warning Hits as Powell Exits, Warsh Looms
Billionaire Ray Dalio flags stagflation risks just as Fed Chair Powell nears the exit door and nominee Kevin Warsh eyes rate-cut pressures from Trump. Will the next era bring caution or capitulation?

The Signal
Billionaire investor Ray Dalio just dropped a bombshell: the U.S. economy is sliding into stagflation, and incoming Fed Chair Kevin Warsh better not touch those interest rates. Speaking to CNBC on April 27, Dalio warned that cutting rates now—despite President Trump's public prodding—would erode trust in the central bank at the worst possible moment. This lands squarely as Jerome Powell presides over what could be his final Fed meeting this week, with his term wrapping up May...
stagflation
Fed
Powell
Warsh
Dalio
interest rates
inflation
Iran war
Share