Why Morgan Stanley now sees four straight Fed interest-rate cuts — but not a jumbo hike to start

Why Morgan Stanley now sees four straight Fed interest-rate cuts — but not a jumbo hike to start



Why Morgan Stanley now sees four straight Fed interest-rate cuts — but not a jumbo hike to start
Morgan Stanley’s economists have quickly swung their stance on interest-rate cuts, and in a new note to clients on Friday are forecasting four consecutive quarter-point rate reductions.


www.marketwatch.com
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