ylliX - Online Advertising Network
General Market News

Key Words: The Federal Reserve needs to ‘shock and awe’ the market with one big rate hike ‘to restore its credibility,’ says hedge-fund star Bill Ackman

Key Words: The Federal Reserve needs to ‘shock and awe' the market with one big rate hike ‘to restore its credibility,' says hedge-fund star Bill Ackman

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark interest rates to combat inflation.

...read full article on Market Watch

ylliX - Online Advertising Network