The Fed is throwing 'kerosene on the fire' and needs to end rate hikes as inflation is probably already at 2%, billionaire real estate mogul Barry Sternlicht…

The Fed is throwing 'kerosene on the fire' and needs to end rate hikes as inflation is probably already at 2%, billionaire real estate mogul Barry Sternlicht…

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None The Fed's rate hikes are the equivalent of throwing "kerosene on the fire," Barry Sternlicht said. • None The real estate mogul has been a loud critic of the Fed policy. • None High interest rates mean the US is bound to enter a slowdown, he warned in a recent interview. The Federal Reserve…

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