Morgan Stanley CEO: Fed Will Be Prudent Cutting Rates

January 18, 2024 by Business Desk

Bloomberg Television published this video item, entitled “Morgan Stanley CEO: Fed Will Be Prudent Cutting Rates” – below is their description.

Morgan Stanley CEO Ted Pick says inflation has probably passed and the Federal Reserve will start lowering rates at some point, and that predictability will be good for the core investment banking business. He speaks on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland.
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