The Federal Reserve should have raised rates in March, said Morgan Stanley Chief Executive James Gorman.
“The Fed has kept rates too low too long,” Gorman said at an event at the New York University Stern School of Business.
In January, Gorman told Bloomberg Television that he would “put good money” on the Fed raising rates in 2015.
via CNBC
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Alfonso Esparza
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
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