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Morgan Stanley: No longer expecting the Federal Reserve to cut interest rates in March, expecting a rate cut in June

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2025-02-05 03:31:36
Morgan Stanley economists said they no longer expect the Federal Reserve to cut interest rates in March, and now expect a rate cut in June this year. The Trump administration is imposing tariffs faster than we expected, which could mean that the pullback in inflation will stall at higher levels, blocking the possibility of any near-term rate cuts. (Jin Ten)