Billionaire Bill Ackman Warns of Economic Slowdown, Pushes for Rapid Fed Action

Billionaire investor Bill Ackman urges the Federal Reserve to cut interest rates soon, warning that the U.S. economy is slowing.

In a CNBC interview, Ackman linked the deceleration to “Liberation Day,” when former President Trump imposed broad tariffs on foreign goods to boost domestic manufacturing. Ackman said the uncertainty from these policies has caused businesses to pause, which will likely impact Q2 growth. Despite his warning, CME data shows a 95.2% chance the Fed will hold rates steady, with a decision expected on May 7.

Clever Robot News Desk 8^th May 2025