Cathie Wood Predicts Kevin Warsh’s Next Fed Move, Says Real Inflation Is Only 0.5%

ARK Invest CEO Cathie Wood is not convinced that the inflation pressures are as high as the market is expecting. Her remarks follow a rising interest in investors pricing in the prospect of another Fed rate increase. Wood also said there is a possibility that Fed Chair Kevin Warsh could turn monetary policy more accommodative in the future when inflation starts to ease.