Druckenmiller is nervous about inflation, says it may hit as excessive as 10% in coming years

Stanley Druckenmiller

Anjali Sundaram

(This story is for CNBC Professional subscribers solely). 

Veteran hedge fund supervisor Stanley Druckenmiller warned Wednesday that actions by the Federal Reserve have raised the probabilities for each inflation and deflation.

Druckenmiller, the chairman and CEO of the Duquesne Household Workplace, mentioned on CNBC’s “Squawk Field” that the central financial institution’s new willingness to let inflation run sizzling posed a threat to cost stability, saying, “For the primary time in an extended, very long time, I am really nervous about inflation.”  

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