Fed rate cuts
A Morgan Stanley analyst has revised expectations, stating that the Federal Reserve is unlikely to cut interest rates in December but anticipates three cuts in early 2024. The analyst now forecasts that the Fed will implement rate reductions in January, April, and June of next year. This change in outlook reflects a shift from previous expectations regarding the timing of rate cuts. Analysts often adjust their predictions based on economic indicators and market conditions, which can influence the Fed’s monetary policy decisions.
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