U.S. Fed doesn't want to be 'confined to a box' by being too specific: 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.
Wed, Jan 26 202210:41 PM EST