Morgan Stanley has postponed its expectation for the Federal Reserve to cut interest rates until next year, as inflation pressures remain high

According to Jin Shi reports, Morgan Stanley stated on Wednesday that due to persistent inflation in the United States and resilient economic performance, the bank has abandoned its previous forecast for a Federal Reserve rate cut in 2026 and now expects cuts to begin next year. The bank noted that inflation remains above the Federal Reserve's 2% target, and recent economic data indicates that growth and the labor market remain strong, reducing the urgency for further policy easing. Morgan Stanley expects the Federal Reserve to implement rate cuts in January and March of next year.