CoinVoice has learned that, according to Jinshi reports, Paulson Square Capital Management CEO Bill Ackman stated that the Federal Reserve may abandon its 2% inflation target. He expects the Federal Reserve to set the inflation target in the 2.5% - 3% range and pointed out that many strong drivers will push the economy and the overall market, making it hard to imagine an environment completely free of inflation pressures.
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CoinVoice has learned that, according to Jinshi reports, Paulson Square Capital Management CEO Bill Ackman stated that the Federal Reserve may abandon its 2% inflation target. He expects the Federal Reserve to set the inflation target in the 2.5% - 3% range and pointed out that many strong drivers will push the economy and the overall market, making it hard to imagine an environment completely free of inflation pressures.