Bloomberg Television published this video item, entitled “Moelis Says the US Consumer May Be Out of Gas” – below is their description.
Ken Moelis, CEO of Moelis & Co., warned US economic growth could slow as consumers grapple with dwindling savings and the impact of the Federal Reserve’s aggressive moves to raise interest rates in recent months. He also says the US consumer could be “out of gas.” He speaks with Francine Lacqua at the World Economic Forum’s annual meeting in Davos, Switzerland.
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