Morgan Stanley CEO Says Fed Should Have Hiked in March

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

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. 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.
Alfonso Esparza