Moon Pursuit Capital founder claims inflation or restrictions will limit the Federal Reserve's market intervention

According to Jinshi reports, Moon Pursuit Capital founder and managing partner Utkarsh Ahuja stated that persistently high inflation may limit the Federal Reserve's ability to provide monetary policy support, even as technology stocks weaken. He pointed out that recent comments from San Francisco Fed President Mary Daly regarding the possibility of further interest rate hikes in the future remind investors not to take for granted that the Federal Reserve will step in to support the market soon.

Ahuja mentioned that for capital-intensive AI projects, even if market demand meets expectations, higher financing costs and longer approval cycles may reduce project returns. He also added that for companies with existing projects that have not yet generated cash flow but need to raise new funds, they face not only project execution risks but also uncertainties regarding future financing conditions.