The Federal Reserve has raised interest rates 25 basis points in its eighth hike since March 2022. Bridgewater founder and billionaire hedge funder Ray Dalio digests the Fed decision, the relative attractiveness of cash, bonds, and equities, and the value–real and perceived–of crypto. In an extended interview exclusive to CNBC, Dalio warns that we could be at the brink of an economic war with China. Plus, Julia Boorstin reports on Meta’s mega fourth quarter results, including what’s in store for the platform and U.S. scrutiny on TikTok. In this episode:Ray Dalio, @RayDalioJulia Boorstin, @JBoorstinMelissa Lee, @MelissaLeeCNBCMike Santoli @michaelsantoliAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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