Hedge Fund Titan Bill Ackman Projects Aggressive Fed Interest Rate Cuts as it Averts Recession

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 […]