Cathie Wood Says Fed Won’t Hike as Much as Market Priced In

Cathie Wood Says Fed Won’t Hike as Much as Market Priced In

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The Federal Reserve isn’t going to hike rates as much as markets are currently betting, according to Cathie Wood.

The strategies of ARK Investment Management LLC, where Wood is founder and chief executive officer, have struggled recently amid fear of inflation, she said via video to the Seedly Personal Finance Festival in Singapore. The firm’s flagship ARK…


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