Fed Rates Don't Need to Be 'Drastically' Lower, Morgan Stanley's Zentner Says

The National Economic Council Director Kevin Hasset reiterating concerns about mission creep at the Federal Reserve. The Treasury Secretary Scott Besson writing in the Wall Street Journal, quote, "The Fed's new operating model is effectively a gain of function monetary policy experiment, overuse of non-standard policies, mission creep, and institutional bloat. The Fed must change course." Joining us now to discuss, Alan Zander, the chief economic strategist at Morgan Stanley Wealth Management. Alan, good mo ...