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Billionaire hedge fund manager Bill Ackman has called for an immediate Federal Reserve rate cut, citing a weakening US economy. He attributes the slowdown to President Trump’s ‘Liberation Day’ tariffs and rising economic uncertainty.
- Bill Ackman warns of US economic deceleration, urging the Fed to cut rates soon.
- Trump's 'Liberation Day' tariffs have created business uncertainty, slowing Q2 growth.
- Markets expect the Fed to hold rates steady in May, despite Ackman's call for action.
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