Bill Ackman urges Fed to ‘act decisively to kill inflation’


Billionaire hedge fund manager Bill Ackman reiterated recent calls on Twitter Tuesday morning for the Federal Reserve to intervene aggressively to tame inflation. Ackman’s latest tweet comes a day after a key economic report showed U.S. consumers have the most pessimistic economic outlook in nearly a decade. “Consumer confidence is weak because of inflation, not…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

New Brunswick goes quiet on whether forest companies really face $50M royalty hike
British Currency Mess Set To Upend U.K.’s Housing Market
Auto Industry Banks on EV Sales to Rental Fleets
For India, Adaptation and Finance More Urgent Than Ever
16-day curtailment planned at Cariboo Pulp and Paper due to forestry challenges