Odaily Daily Star News Morgan Stanley CEO Damon is cautious about whether the US economy has achieved a soft landing, and believes that the Fed’s interest rate cut is the right thing to do. He said: "A rate cut of 50 basis points may be the right choice. But Damon expressed doubts about the US economy and its market pricing. He said: “I am a long-term optimist, but in the short term, I am more skeptical of those who say everything will be fine. Market pricing suggests that everything will be fine. Let me stand on the cautious side.” (Jinshi)
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CEO da JPMorgan Chase, Jamie Dimon: Uma redução de 50 pontos-base pelo Federal Reserve pode ser uma escolha correta
Odaily Daily Star News Morgan Stanley CEO Damon is cautious about whether the US economy has achieved a soft landing, and believes that the Fed’s interest rate cut is the right thing to do. He said: "A rate cut of 50 basis points may be the right choice. But Damon expressed doubts about the US economy and its market pricing. He said: “I am a long-term optimist, but in the short term, I am more skeptical of those who say everything will be fine. Market pricing suggests that everything will be fine. Let me stand on the cautious side.” (Jinshi)