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Benzinga
Benzinga
Business
Vishaal Sanjay

Morgan Stanley Sees Fed Rate Cuts Starting In September After Powell's Jackson Hole Shift — Forecasts Steady Easing Through 2026

London,,United,Kingdom,-,February,26,,2024:,Morgan,Stanley,In

Investment bank Morgan Stanley says that the Federal Reserve will begin cutting interest rates starting in September, reversing its prior views of the Fed choosing to hold rates steady through March 2026.

Jerome Powell’s Jackson Hole Speech Shifts The Narrative

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