Billionaire Bill Ackman Predicts Multiple Interest Rate Cuts, Says Fed Must Move Fast Enough To Avoid Recession

Billionaire investor Bill Ackman believes that the Federal Reserve is set to cut interest rates as data shows that inflation is on its way down. In a new CNBC interview, the founder and chief executive of the hedge fund Pershing Square Capital Management says that a minimum, he sees the Federal Reserve announcing three rate […] source: https://dailyhodl.com/2024/01/16/billionaire-bill-ackman-predicts-multiple-interest-rate-cuts-says-fed-must-move-fast-enough-to-avoid-recession/