{"id":609716,"date":"2026-04-27T18:22:09","date_gmt":"2026-04-27T18:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/609716\/"},"modified":"2026-04-27T18:22:09","modified_gmt":"2026-04-27T18:22:09","slug":"ray-dalio-says-kevin-warsh-shouldnt-cut-interest-rates-in-a-stagflation-era","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/609716\/","title":{"rendered":"Ray Dalio says Kevin Warsh shouldn&#8217;t cut interest rates in a \u2018stagflation\u2019 era"},"content":{"rendered":"<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/108297745-17773063261777306324-45548360595-1080pnbcnews.jpg\" alt=\"Billionaire investor Ray Dalio: We're in a stagflationary period\"\/><\/p>\n<p>Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be a mistake for potential Federal Reserve chair successor Kevin Warsh to lower interest rates.<\/p>\n<p>The founder of Bridgewater Associates said persistent inflation pressures alongside slowing growth create a backdrop that demands caution from policymakers. <\/p>\n<p>&#8220;We are certainly in a stagflationary period,&#8221; Dalio said Monday on CNBC&#8217;s &#8220;<a href=\"https:\/\/www.cnbc.com\/money-movers\/\" rel=\"nofollow noopener\" target=\"_blank\">Money Movers<\/a>.&#8221; &#8220;Because of the issues that are here, in terms of a more immediate inflation, farther from the target.&#8221;<\/p>\n<p>Dalio said that if Warsh, who now <a href=\"https:\/\/www.cnbc.com\/2026\/04\/26\/thom-tillis-kevin-warsh-federal-reserve.html\" rel=\"nofollow noopener\" target=\"_blank\">has a clear path<\/a> to replacing Jerome Powell as the next leader of the Fed in mid-May,\u00a0were to cut rates, it would risk damaging confidence in the central bank at a critical moment.<\/p>\n<p>&#8220;Certainly, you would not cut interest rates now,&#8221; Dalio said. &#8220;You will lose your credibility. The Federal Reserve would lose its credibility, particularly now. &#8230; If you look at monetary policies by other countries, you&#8217;re not going to see them cutting,&#8221; he said. &#8220;So whatever your benchmarks are, you&#8217;re not going to be inclined to cut \u2026 not with today&#8217;s information.&#8221;<\/p>\n<p>Traders are currently pricing in a 100% chance that the Fed will leave rates unchanged at this week&#8217;s meeting, with fed funds futures indicating policy is most likely to stay on hold for the rest of the year, according to the CME FedWatch tool.<\/p>\n<p>Dalio said the dramatic rebound in equities made sense despite the ongoing war with Iran because of the strength of corporate earnings. Still, he said he recommends a 5% to 15% allocation to gold as an &#8220;effective diversifier.&#8221;<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it&hellip;\n","protected":false},"author":2,"featured_media":609717,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[252946,448,1531,116,28,122,101,113,2938,45588,112,1052,29243,114,21,918],"class_list":{"0":"post-609716","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-gc26m","9":"tag-breaking-news-business","10":"tag-breaking-news-investing","11":"tag-breaking-news-markets","12":"tag-business","13":"tag-business-news","14":"tag-economy","15":"tag-investment-strategy","16":"tag-jerome-powell","17":"tag-kevin-warsh","18":"tag-markets","19":"tag-prices","20":"tag-ray-dalio","21":"tag-stock-markets","22":"tag-united-states","23":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/609716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=609716"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/609716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/609717"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=609716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=609716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=609716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}