Global Inflation Rates…

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Investor Ackman Says U.S. Facing ‘Classic Bubble’ Fueled by Fed’s Easy Money Policy

Investor William Ackman, whose views are widely watched on Wall Street, said on Thursday that the U.S. central bank’s ultra-easy monetary policy has created a “classic bubble” and that he thinks the Federal Reserve will need to tighten rates more quickly to fight inflation. “We are in a classic bubble which has been driven…

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