Comments overnight from the CEO of Morgan Stanley James Gorman:
- Says the Fed is probably not done with rate hikes, could see one or two more
- Does not expect rate cuts this year
- Expects fed's rate cuts in 2024
We heard from NY Fed's Williams earlier, he isn't sounding like he is done yet:
- More from Fed's Williams - Imbalances still exist in labor markets, economic demand
- WSJ: New York Fed President John Williams Signals Support for May Interest-Rate Increase
- Fed's Williams says inflation is still to high, Fed will act
