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Morgan Stanley Turns Bullish, Says Fed Will Cut Rates by 25bps This Month

Morgan Stanley has now reversed its previous forecast of how the Fed committee would move in December. They predicted a 25bps Fed rate cut ahead of the upcoming policy meeting next week. Morgan Stanley Projects Immediate Fed Rate Cut According to Reuters, the firm now expects the Federal Reserve to cut interest rates by 25

The post Morgan Stanley Turns Bullish, Says Fed Will Cut Rates by 25bps This Month appeared first on CoinGape.

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