Dalio Says Fed May Make ‘Tiny’ Rate Hike Before Resuming QE
Fed's George: Market Volatility's Effect Is Unclear
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Ray Dalio, the billionaire founder of Bridgewater Associates, said he expects the U.S. Federal Reserve to resume quantitative easing even if it first raises benchmark rates by a fraction of a percent.
“We don’t consider a 25-50 basis point tightening to be a big tightening,” Dalio wrote in a LinkedIn post updated Tuesday. “While we might see a tiny tightening akin to what was experienced in 1936, we doubt that we will see anything much larger before we see a major easing via QE.”