Top Asia Fund Joins Ackman in Saying Fed Has Fallen Behind Curve
- Date: 20-Jan-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:UAE
Top Asia Fund Joins Ackman in Saying Fed Has Fallen Behind Curve
(Bloomberg) -- One of Asia Pacific’s best-performing bond funds is echoing billionaire investor Bill Ackman by saying the Federal Reserve has fallen behind in fighting inflation and may have to raise interest rates by half a percentage point in March.
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