The world’s largest hedge fund: Inflation spiral will force the Federal Reserve to raise interest rates early

Foreign media reports, the world’s largest hedge fund Bridgewater co-chief investment officer Greg Jensen said the global economy is about to usher in a new wave of Inflation, or force the Federal Reserve to take action to raise interest rates earlier than originally planned.

He said the Biden administration’s “extreme” fiscal stimulus measures will raise consumer prices, while threatening the post-crisis bond market and stock market gains. “The market’s digestion of inflation is actually the beginning of a major long-term change, not an overreaction to what is happening. The actual pace of change in economic conditions and inflation will exceed the expectations of the market or the Federal Reserve.”