Morgan Stanley CEO says Fed to hike 4 times (by 25bps) in 2022Bloomberg with report (gated):
Fed will likely need to make "inexorable" rate increases in order to contain surging price pressures
And warned:
"You have to raise rates, but you don't want to tip the economy into recession,"
"If you tip the economy into recession you get stagflation
Source: Morgan Stanley CEO says Fed to hike 4 times (by 25bps) in 2022 (https://www.forexlive.com/centralbank/morgan-stanley-ceo-says-fed-to-hike-4-time-by-25bps-in-2022-20220308/)
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