✉news BusinessBanking first seen 7 h ago, last 27 min ago, peak #16
Bill Ackman says the Fed 'just made a mistake' on rates
Original: Bill Ackman thinks the Fed ‘just made a mistake’ — and higher rates will make inflation worse, not better
Billionaire investor Bill Ackman has criticised the Federal Reserve, arguing its latest rate decision was an error. In his view, raising interest rates further will worsen inflation rather than curb it, reversing the conventional logic that higher rates cool prices. The comments add to a heated debate among investors over whether the Fed's monetary policy is fighting inflation or feeding it, and markets are watching closely for signs of which side is right.
Why now: The Fed's latest rate decision has sparked debate among prominent investors about whether higher rates actually reduce inflation.
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 27 min ago.
Evidence
- Bill Ackman thinks the Fed ‘just made a mistake’ — and higher rates will make inflation worse, not better · moneywise.com
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