Billionaire investor Bill Ackman says the Fed’s rate hikes are probably over

Billionaire investor Bill Ackman says the Fed’s rate hikes are probably over but warns there is still a ‘big threat’ ahead

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  Bill Ackman.Michael Bezjian/Getty Images for Brand Innovators   Bill Ackman said the Fed is probably done raising interest rates as the economy begins to weaken. “High mortgage rates, high car rates, high credit card rates – they’re starting to have an impact on the economy,” he told CNBC. The billionaire investor is also betting … Read more