(CNBC) Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the back of aggressive rate hikes. ?[T]he Fed is probably done. I think the economy is starting to slow,” Ackman said on CNBC’s “Squawk Box.” “The level of real interest rates is high enough to slow things down.”
Bill Ackman says the economy is starting to slow and the Fed is likely done hiking
This entry was posted in Syndicated. Bookmark the permalink.
