Inflation 'Out of Control,' Markets 'Imploding': Hedge Fund Billionaire Blames Loss of Confidence in Fed

Hedge fund billionaire Bill Ackman has criticized the U.S. Federal Reserve for the way it has handled inflation, warning that the agency’s modest interest rate hikes won’t be able to control the uncontrolled increase in prices.

Related Keywords

United States ,America ,American ,Jerome Powell ,Naveen Athrappully ,Bill Ackman ,Federal Reserve ,Nasdaq ,Pershing Square Capital Management ,Dow Jones Industrial Average ,Wall Street Journal ,Fed Chairman Jerome Powell ,High Inflation ,Jerome Jay Powell ,Sus Unemployment ,William Ackman ,The Epoch Times ,