ARK Invest CEO: ‘The Federal Reserve Rate Cut Was Absolutely Not a Mistake’

During an interview on “Bloomberg The Close” on October 4, Cathie Wood, Co-Founder and CEO of ARK Investment Management, said the Federal Reserve’s rate cut was absolutely not a mistake. She explained that it has been interesting to watch revisions in economic activity, especially the downward revisions in employment numbers, which had been much weaker

Source: CryptoGlobe