Following the Fed’s move to raise interest rates by 50-basis points at the Federal Open Market Committee meeting on Wednesday, Equity Group Investments chairman and founder Sam Zell voiced cautious disapproval. “The Fed has missed the opportunity to be the disciplinarian that it should be. We have to dramatically reduce ...
See Details: Billionaire Investor Warns U.S. Economy Could Face 'Serious Problems' If Fed Doesn't Hike Rates Within the Year