Ray Dalio warns against interest rate cuts amid US stagflation

6 articles · Updated · CNBC · Apr 27

Dalio cautioned that potential Fed chair successor Kevin Warsh should not lower rates, citing persistent inflation and slowing growth in the US economy.
He argued that cutting rates now would undermine the Federal Reserve's credibility, especially as traders expect rates to remain unchanged throughout 2026.
Dalio noted strong corporate earnings justify recent equity rebounds despite the Iran conflict, and recommended a 5% to 15% gold allocation as a portfolio diversifier.

If confirmed, how would a new Fed chair manage stagflation without losing market credibility?

With the S&P 500 surging, is the economic threat of stagflation being overstated by prominent investors?

With gold at all-time highs, what are the hidden risks of using it as a primary portfolio hedge now?

Beyond oil prices, how is the ongoing Iran conflict reshaping long-term global investment strategies?

What key economic indicators differentiate today's economy from the severe stagflation of the 1970s?

As national debt nears $39 trillion, what tools beyond monetary policy can avert the warned 'debt death spiral'?