Cathie Wood, CEO of ARK Invest, has reiterated her call for lower interest rates, citing the current unemployment rate as higher than the peak levels seen during the 2008-2009 financial crisis. In a post on the X platform, Wood expressed her belief that a productivity-driven economic boom could reduce unemployment duration, but emphasized the need for interest rate cuts to address the current economic conditions.
Cathie Wood Advocates for Lower Interest Rates Amid High Unemployment
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