Comments from billionaire hedge fund manager Ackman being reported by Reuters.
The comments are from Tweets from Ackman. The pertinent part of his thread is this:
I often find these types of guys talking their book. But its hard to disagree with him on calling 2-odd% a neutral rate when the latest inflation read is 9%+.
Sure, lower gas prices are going to take a chunk out CPI at the next read, but I reckon the headline will stay stubbornly high for a good while yet.
