Bill Ackman It indicates that inflation can be mitigated by reducing demand and/or increasing supply. “The Fed can only lower demand by raising rates, which is a very stupid tool,” he said in a tweet on Twitter posted before the weekend. “Wage growth will likely continue until rates rise to restrictive levels,” he said in a tweet on Twitter.
Ackman is a billionaire investor, manager and fund manager of the popular Pershing Square Capital Management. Forbes estimated Ackman’s fortune at $2.8 billion. in 2022
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If we can channel immigration policy toward important political goals, such as accelerating the drain of Russian talent into the United States, why not take advantage of that? – Bill Ackman wrote on Twitter.
More rate hikes in the US
The central bank indicated larger increases in the new forecast showing an increase in the interest rate to 4.40%. By the end of this year, then to 4.60 percent. In 2023, all to combat persistently strong inflation. This is more than what experts have judged.
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