First it was JPMorgan Chase CEO Jamie Dimon who said he didn't want to see the Federal Reserve cut interest rates prematurely, preferring it wait until at least June to begin.
Now it's Citadel founder Ken Griffin who is voicing similar sentiments.
"Pausing and then changing direction back toward higher rates quickly, that would, in my opinion, be the most devastating course of action to pursue," Griffin said yesterday at the Futures Industry Association conference, in remarks reported by Bloomberg.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
