TOKYO -- With the U.S. economy starting to bounce back from a coronavirus-induced chill, Morgan Stanley Chairman and CEO James Gorman is bullish about a recovery both on Wall Street and Main Street.
In a wide-ranging remote interview with Nikkei, Gorman identified ultralow interest rates and record government stimulus as key driving forces behind the U.S. economy, and predicted that inflationary pressures could push the Federal Reserve to raise interest rates in 2022.