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Bill Gates Says Economy ‘Bears’ Have Strong Argument on Slowdown

Bill Gates
Bill GatesPhotographer: Hollie Adams/Bloomberg

Bill Gates said interest rates are likely to rise enough to cause a global economic slowdown, triggered by Russia’s invasion of Ukraine and fallout from the Covid-19 pandemic.

“I’m afraid the bears on this one have a pretty strong argument that concerns me a lot,” Gates said Sunday on CNN’s “Fareed Zakaria GPS.”