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- "Shark Tank" star Kevin O'Leary sees zero rate cuts this year, he told Fox Business.
- "I'm investing under the premise that we're going to be living with this rate cycle staying the same."
- Cuts are unlikely as the Fed can't seem to reach its mandate of 2% inflation anytime soon, he said.
Investors need to stifle any hope for interest rate cuts this year, as the Federal Reserve will not be able to reach its inflation mandate anytime soon, Kevin O'Leary said.
The "Shark Tank" star told Fox Business Network that monetary policy will instead remain unchanged, and that anyone still betting on a dovish pivot is mistaken.