10.6 C
New York
Thursday, April 25, 2024

Hedge fund billionaire Bill Ackman sees the Fed keeping rates higher for longer as inflation poses biggest threat to economy

The Federal Reserve and Chairman Jerome Powell will keep benchmark interest rates higher for longer to tame inflation, Bill Ackman tweeted Tuesday. The billionaire hedge fund manager said inflation poses the biggest risk to the US economy, not Fed rate hikes, as high prices weigh on consumer and …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,323FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x