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Morgan Stanley: Fed Unlikely to Cut Rates in Near Future
Summary: According to Morgan Stanley analysts, the likelihood of the Fed cutting rates at the upcoming two meetings remains low. Market expectations for a rate cut in July have increased from 8% to 20%, while the likelihood of a cut in September has risen from 60% to 90%. However, analysts believe that most Fed officials support ...
According to Morgan Stanley analysts, the likelihood of the Fed cutting rates at the upcoming two meetings remains low. Market expectations for a rate cut in July have increased from 8% to 20%, while the likelihood of a cut in September has risen from 60% to 90%. However, analysts believe that most Fed officials support Powell's cautious stance and are unlikely to quickly support a rate cut. Analysts predict that the upcoming employment report will be relatively robust, with a slowdown in growth but no signs indicating a fracture that would prompt the Fed to act swiftly.
