Cathie Wood predicts inflation collapse as Fed hike fears grow

Cathie Wood has dismissed mounting inflation fears despite U.S. headline CPI rising to 4.2% in May, arguing that underlying price pressures are close to disappearing. According to the ARK Invest CEO, inflation fears dominated conversations during her recent investor meetings…

Source: https://crypto.news/cathie-wood-predicts-inflation-collapse-as-fed-hike-fears-grow/