Morgan Stanley: The Federal Reserve will cut interest rates by 25 basis points in November and December

2024-11-07 17:09:26

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ChainCatcher news, Morgan Stanley stated that the Federal Reserve will cut interest rates by 25 basis points in both November and December, and will raise its assessment of economic growth while continuing to acknowledge progress on inflation. It is expected that Powell will not commit to the scale or pace of future rate cuts, as decisions will depend on data. (Jin Ten)

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