Hedge fund manager Ackman – Fed needs to restore its credibility, 50bp rate hike in March 0 (0)

A weekend series of tweets from Bill Ackman, founder and CEO of Pershing Square Capital Management:

Ackman is not alone in urging a rate hike of 50bps as soon as March. The labour market has improved and last week US headline CPI was reported at 7% y/y, its highest in nearly four decades (

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Chinese home prices continue to slow in sign of Evergrande hit 0 (0)

Engineering a soft landing is one of the most-difficult tasks a macro policymaker can undertake but it’s what Chinese officials have been trying to do in housing.
Saturday’s Chinese home price data underscores the risks with prices up 2.6% y/y in a deceleration from 3.0% y/y in November.
As recently

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