BOCA RATON, Florida/NEW YORK, March 12 (Reuters) - U.S.
hedge fund Citadel's founder Ken Griffin said he would like to
hear more about U.S. presidential candidate Donald Trump's
proposals before supporting him in the elections, when asked
about his backing on Tuesday.
"I want to hear what Trump's going to do for the United
States. I want to see what the policy platform looks like," he
told a conference hosted by the Futures Industry Association in
Boca Raton, Florida. "I have a bit more optimism that we're
going to see a bit more thoughtfulness in policies and a little
less in the realm of just rhetoric."
Griffin is a Republican mega donor, having donated some $67
million in the 2020 election cycle, making him the third largest
individual Republican donor that cycle, according to
OpenSecrets, which tracks money in politics.
In January, he gave $5 million to an outside group
supporting Republican presidential candidate Nikki Haley. "Can I
just have a moment to be sad," he told the audience when asked
about his future support.
Still, Griffin complimented some of Trump's past
achievements as president, saying he believes the former
president pursued policies that were "incredibly" pro-growth.
U.S. ECONOMY
When asked about the state of the U.S. economy, Griffin said
the pace of increase of consumer prices in February, as revealed
by data on Tuesday, was close to market expectations, but that
he expected the central bank to be slower in cutting interest
rates than what the market projects.
Traders on Tuesday were betting the Fed would start cutting
rates in June this year.