Group 1 - Bill Ackman believes that the idea of the U.S. returning to a 2% inflation level is "nonsense," predicting that the Federal Reserve will adjust its inflation target to a range of 2.5% to 3% [2] - The Federal Reserve is expected to lower the benchmark interest rate by 25 basis points to a range of 3.5% to 3.75% by December 2025 [2] - Morgan Stanley has adjusted its expectations, no longer predicting a rate cut in 2026, and now anticipates a rate hike in the third quarter of 2027 [2] Group 2 - Barclays has postponed its rate cut expectations, now forecasting a 25 basis point cut in June and December, instead of March and June [3] - Ackman highlighted that the biggest threat to the Trump administration in the upcoming midterm elections is the issue of affordability for the public [3][4] - Ackman proposed a loan model that limits early repayment by borrowers, which could reduce interest rate risk for lenders [5] Group 3 - Ackman has submitted a proposal to Trump for establishing a retirement savings system similar to Australia's superannuation scheme, aimed at increasing savings and investment participation [6] - He emphasized that achieving broader market participation could prevent potential social unrest, stating that if this is not accomplished, capitalists may become targets [6] - Ackman commented on global issues, including U.S. support for protests in Iran and military actions in Venezuela, viewing these as strategic moves to control economic resources [7]