[Dalio: If Kevin Warsh, the incoming Federal Reserve Chair, chooses to cut interest rates, it will result in a policy mistake] Reported by Golden Finance, Bridgewater Associates founder Ray Dalio stated on April 27 local time that with persistent inflationary pressures combined with slowing economic growth, policymakers must exercise caution. Dalio said on Monday, 'We are undoubtedly in a period of stagflation,' warning that the U.S. economy has already entered a stagflationary environment. He pointed out that if Kevin Warsh, the incoming Federal Reserve Chair, chooses to cut interest rates, it will result in a policy mistake. (Jin10)