Don't expect the Fed to rush to prop up the US economy if it runs into trouble, Ruchir Sharma says. The famed investor and Rockefeller Capital Chairman said he believes the Fed's hands are tied when it comes to cutting interest rates to prop up economic growth. That's because — despite the risks to growth stemming from higher oil prices — the Fed has little room to ease monetary policy, considering that inflation has remained above the Fed's 2% price target for 60 months in a row, Sharma said.

Tag-uri: Inflatie