Dalio Says Fed Won't Be Able to Increase Rates for Years

Ray Dalio, billionaire founder of Bridgewater Associates LP, the world’s largest hedge fund-firm, said the U.S. Federal Reserve won’t be able to raise interest rates for a number of years.

Dalio made the comments at the DealBook conference in New York today.

To contact the reporter on this story: Saijel Kishan in New York at skishan@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net

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