Bill Ackman warns US economy headed for 'train wreck' after latest Fed rate hike

Bill Ackman warns US economy headed for 'train wreck' after latest Fed rate hike

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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.…

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