Stock markets are setting up for another day of gains, thanks to Fed Gov. Christopher Waller, who sparked fresh optimism that the central bank is done hiking rates.
One of the biggest expectations for the coming year is that the Fed will pivot to cuts in 2024. Our call of the day is from hedge-fund manager Bill Ackman who doesn’t disagree, saying that needs to be done ASAP.
“I...
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Why Bill Ackman thinks the economy will soon need a Fed rate cut - MarketWatch
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