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Wall Street Chiefs Don’t Think Central Bankers Will Ruin Their Party

  • Morgan Stanley’s Gorman says Fed rate increases ‘healthy’
  • Dimon ‘really not worried’ about central bank tightening
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Dimon Doesn’t See ‘Potholes’ That Disrupt Economic Momentum.Daybreak: Americas" at the World Economic Forum’s annual meeting in Davos, Switzerland. (Source: Bloomberg)

Wall Street is betting incoming Federal Reserve Chairman Jay Powell and fellow central bankers can pull back the punch bowl without spoiling the party too much.

Speaking at the annual meeting of the World Economic Forum in Davos, Switzerland, finance chiefs said in interviews on Wednesday that they expected central bankers to be able to tighten monetary policy while avoiding a crash in markets or the global economy.