Bill Ackman warns US economy headed for 'train wreck' after latest Fed rate hike
Published
The U.S. economy may be headed for a "train wreck" after the Federal Reserve continues its fight against inflation and Treasury Secretary Janet Yellen ruled out "blanket" protection for bank deposits despite the worst financial crisis in a decade, according to hedge fund manager Bill Ackman.…
#federalreserve #treasury #janetyellen #billackman #siliconvalleybank #fdic #jeromepowell