Tisch Says Fed ‘Woefully’ Late to Halt Penalty of Low Rates

  • Lifting rates `should have been done years ago,' Tisch says
  • Tisch says Trump is not his preference for U.S. president

The Federal Reserve is years too late in lifting U.S. interest rates, a delay that’s hurting economic growth, Loews Corp. Chief Executive Officer James Tisch said.

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