Hedge fund billionaire Bill Ackman, the head of Pershing Square Capital Management, has recently revealed he expects the Federal Reserve to start cutting interest rates at a greater-than-expected rate this year, with the first cut coming sooner than the market is anticipating. Ackman highlighted this during a CNBC “Squawk Box” interview, noting the significant cooling […]
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Hedge Fund Titan Bill Ackman Projects Aggressive Fed Interest Rate Cuts as it Averts Recession
