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The Federal Reserve needs to ‘shock and awe’ the market with one big rate hike ‘to restore its credibility,’ says hedge-fund star Bill Ackman

By: MarketWatch

January 16, 2022 at 13:23 PM EST

Billionaire hedge-fund manager Bill Ackman says the Federal Reserve needs to deliver old-fashioned shock and awe to financial markets with a big rate hike.

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Financial News

The Federal Reserve needs to ‘shock and awe’ the market with one big rate hike ‘to restore its credibility,’ says hedge-fund star Bill Ackman

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