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Investor Bill Ackman says the Federal Reserve needs a ‘shock and awe’ rate hike in order to restore its credibility with markets.

Investor Bill Ackman says the Federal Reserve needs a 'shock and awe' rate hike in order to restore its credibility with markets.

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The Fed needs to deliver a big rate hike to “shock and awe” the market in order to restore its inflation-fighting credentials, investor Bill Ackman said.

...read full article on Business Insider

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