Dalio, Summers Warn Inflation Could Derail Recovery: Qatar Forum

WATCH: Ray Dalio says he doesn’t believe the Fed can tighten policy “a lot without a big negative effect” on markets.Source: Bloomberg

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By Bloomberg News

June 21, 2021 at 12:08 PM UTC

Updated on

June 21, 2021 at 2:17 PM UTC

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Billionaire investor Ray Dalio and former Treasury Secretary Lawrence Summers told the Qatar Economic Forum that the U.S. is headed for a period of overheating and inflation that could threaten the recovery.