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

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

CointimeCointime2024/11/07 09:12
By:Cointime

 Morgan Stanley stated that the Federal Reserve will cut interest rates by 25 basis points in both November and December, while raising its assessment of economic growth and continuing to acknowledge progress in inflation. Powell is not expected to commit to the size or pace of future interest rate cuts, and the decision will depend on the data. (Jinshi)

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