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🏦🇺🇸 Morgan Stanley expects Fed to cut rates
Now the bank predicts the first declines in the spring and the chest replacement of the red and verny. And if the economy does not show weakening, then the decline may be transferred further.
🔎 Reasons:
➣ More cautious signal from the Fed after the rest of the meeting
➣ Powell said that clear progress in reducing inflation is needed
➣ Increase in naphtha prices and geopolitical risks