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Cathie Wood calls Fed's 2022 rate hikes a 'massive mistake' and praises new Chair Kevin Warsh to fix it.

Market News
08 Jun 2026
Rishabh Mishra
View Source
Neutral
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Ark Invest CEO Cathie Wood criticized the Federal Reserve's 2022 interest rate hikes as a 'massive mistake,' arguing they worsened supply issues and caused unnecessary market volatility. She expressed confidence that new Fed Chairman Kevin Warsh, with his supply-side approach, will correct these errors and bring stability to U.S. monetary policy. Wood also highlighted a strong May jobs report as a sign of an economic boom driven by productivity gains, not inflation. Meanwhile, some analysts caution that the reasons behind interest rate changes matter more than the rates themselves.

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