Morgan Stanley CEO: The era of low interest rates and "cheap money" is gone for good
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Morgan Stanley CEO Ted Pick stated at a financial executive forum in Riyadh that the era of low interest rates and "cheap money" has come to an end, and global interest rates will be higher in the future, facing challenges. He mentioned that the era of financial repression and zero interest rates is history, and the market is entering a normalization phase, but the operating environment for listed companies is more difficult. Despite the 50 basis point rate cut by the Federal Reserve in September, Wall Street CEOs are cautious about future rate cuts
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