
Hedge fund investor and Pershing Square Capital Management CEO Bill Ackman has a word of advice for the U.S. Federal Reserve, which is due to announce its interest rate decision on Wednesday after a two-day meeting of its monetary policy arm.
Ackman's Call: As financial markets get hammered on fears that higher rates will stifle already-fragile economic growth and bring about a recession, Ackman said on Twitter the Fed should get aggressive.