According to ChainCatcher, citing a report from Jin10, Morgan Stanley on Wednesday postponed its forecast for Federal Reserve rate cuts, now expecting the central bank to begin easing policy in January 2027 rather than 2026. The bank cited persistent inflation above the Fed’s 2% target and resilient economic growth and labor market strength as reasons for the revised outlook. Morgan Stanley projects rate cuts in January and March 2027.
Related News
The Federal Reserve kept interest rates unchanged for the third consecutive time, marking the official end of the Powell era
Fed Maintains 3.5–3.75% With a 4-Vote Split: Powell’s Final Decision During His Tenure
Bank of Japan keeps interest rate at 0.75%, while a stronger Japanese yen puts pressure on Bitcoin at $76,500