Morgan Stanley delays expectations for Federal Reserve rate cuts to next year as inflation pressures remain high
ChainCatcher news, according to Golden Ten Data, Morgan Stanley stated on Wednesday that due to persistent US inflation and resilient economic performance, the bank has abandoned its previous forecast for Federal Reserve interest rate cuts in 2026, and now expects rate cuts to begin only next year. The bank noted that inflation remains above the Federal Reserve's 2% target, and recent economic data indicates continued strength in growth and the labor market, reducing the urgency for further policy easing. Morgan Stanley expects the Federal Reserve to implement rate cuts in January and March next year.
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