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Ackman's Early Rate Cut Prediction
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Overview
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Bill Ackman anticipates an earlier Federal Reserve interest rate cut, expressing concerns about the real rate's impact on the economy. He emphasizes a risk of a hard landing if rates are not reduced soon.
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How does Pershing Square's approach as 'engaged owners' influence the market and investment landscape?
How might Bill Ackman's prediction impact the Federal Reserve's decision-making?
What are the potential implications of an earlier interest rate cut on the broader economy?
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