Hedge fund tycoon David Tepper: The Fed must cut interest rates at least two or three more times to maintain its credibility

Odaily News Hedge fund legend David Tepper said on a show that the Fed must cut interest rates at least two or three more times to maintain its credibility. In addition, David Tepper said: "I thought the Fed's decision to cut interest rates last week would lead to China's easing of policies, but I didn't expect them to use such a big move. This is a complete change." When Tepper was asked what Chinese assets he bought, he replied, "I buy everything. I will buy ETFs, I will buy futures, and I will buy everything." (Jinshi)