Notes for class k96 2021

Morgan Stanley’s Matthew Hornbach sees a chance the Federal Reserve’s

two day meeting this week will rattle investors.

According to the firm’s global head of macro strategy, Federal Reserve Chair
Jerome Powell must avoid sounding too upbeat on Wednesday, when central
bankers issue their policy statement and Powell holds a news conference.

“The biggest wild card is that the chairman sounds too optimistic based on the
data that we’ve had so far,” he told