You are using an older browser version. Please use a supported version for the best MSN experience.

U.S. Fed doesn't want to be 'confined to a box' by being too specific, says investment management firm

Howard Marks of Oaktree Capital Management discusses the U.S. Federal Reserve's plan to hike interest rates and cut its balance sheet. He says the "only thing" that matters is the "general direction" the central bank will take, rather than the rate or timing of its changes.

UP NEXT

UP NEXT

CNBC

Fortune

image beaconimage beaconimage beacon