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- Billionaire investor Carl Icahn has urged the Fed to keep fighting the "disease of inflation".
- Some traders expect the central bank to ease up on its rate hikes after SVB's collapse.
- Fed chair Jerome Powell “is completely right” to prioritize taming soaring prices, he told the Financial Times.
Billionaire investor Carl Icahn has urged the Federal Reserve to press ahead with its battle against inflation despite the turmoil caused by Silicon Valley Bank's recent failure.
"I think you have to stamp out the disease of inflation," he told the Financial Times in an interview published Thursday.
Federal Reserve chair Jerome Powell is completely right, Icahn added, referring to Powell's focus on bringing down soaring prices.