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Benzinga

Business

Shanthi Rexaline

UNBELIEVABLE: Ahead of fomc decision bill ackman has this advice for the fed - The Untold Story

US Federal Reserve Bill Ackman Pershing Square Capital Management Monetary Policy

Hedge fund investor and Pershing Square Capital Management CEO Bill Ackman has a word of advice for the U.S. Federal Reserve, which is due to announce its interest rate decision on Wednesday after a two-day meeting of its monetary policy arm.

Ackman's Call: As financial markets get hammered on fears that higher rates will stifle already-fragile economic growth and bring about a recession, Ackman said on Twitter the Fed should get aggressive.

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