Billionaire investor Barry Sternlicht says the Fed’s rate hikes are like using a ‘steamroller’ to ‘kill a small fly’ and warns the economy is about to ‘hit the wall’ The post Billionaire investor Barry Sternlicht says the Fed’s rate hikes are like using a ‘steamroller’ to ‘kill a small fly’ and warns the economy is about to ‘hit the wall’ appeared on BitcoinEthereumNews.com. Starwood Capital’s CEO Barry Sternlicht thinks the Fed created the banking crisis by itself, and that its interest rate hikes will hurt the economy. “Obviously he [Fed Chair Jerome Powell]… Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: News - @ March 25, 2023 12:27 pm