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Morgan Stanley CEO: The United States may have passed the peak of inflation, and the pace of interest rate cuts by the Federal Reserve may be faster than market expectations

Morgan Stanley CEO: The United States may have passed the peak of inflation, and the pace of interest rate cuts by the Federal Reserve may be faster than market expectations

2024/01/18 15:08

According to Jin10's report, Morgan Stanley CEO Ted Pick said in an interview at Davos that corporate activity may rebound this year, but do not expect a sudden surge in trading volume. Pick believes that the pace of consulting business activities will accelerate, especially in the field of mid-to-large-cap stocks. He also added that the United States may have already passed its inflation peak, and it is not unimaginable for the Federal Reserve to cut interest rates faster than current market pricing.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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