Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman - Bloomberg

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Billionaire investor Bill Ackman says the Federal Reserve is losing its battle against inflation and should raise its key interest rate by a bigger-than-expected 50 basis points in March to “restore its credibility.”

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Fed Needs Half-Point Rate Hike to Regain Credibility: Ackman - Bloomberg
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