Morgan Stanley expects the Fed to deliver two 25 bps rate cuts in 2025.
This compares to their prior forecast of three 25 bps cuts.
Background to this is the FOMC meeting/Powell news conference:
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Morgan Stanley expects two 25 bps Fed rate cuts in 2025 (from the 3 prior forecast)
Morgan Stanley expects two 25 bps Fed rate cuts in 2025 (from the 3 prior forecast)
- MS reacting to Wednesday's less dovish FOMC
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