Einhorn's Outlook: Few Federal Rate Cuts and a Strong Case for Gold Hedge fund manager David Einhorn, speaking at the Sohn Investment Conference in New York, expressed his view that inflation is picking up pace again, contrary to what many investors might think. Citing recent U.S. data, including a 2.8% rise in the core personal consumption expenditures price index for February—which overshoots the Federal Reserve’s 2% target—Einhorn argues that reducing inflation will be more challenging than anticipated. Despite expectations, he predicts the Federal Reserve might enact fewer than three interest rate cuts this year, if any at all. Given these inflation concerns, Einhorn has significantly increased his investment in gold. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Kazakhstan Bolsters Its Economy with a Gold-Heavy Reserve Strategy READ MORE Silver Falls 3% Amid Market Sell-Off READ MORE Gold Soars to New Heights as Markets Await Powell's Jackson Hole Address READ MORE The Truth About Gold Jewelry READ MORE U.S. Treasury to Boost Long-Term Debt Sales READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment