Morgan Stanley Announces Updated FED Forecast: Gives Date for Interest Rate Cuts!

FED’While the puzzle of when the US will start cutting interest rates continues, estimates now point to September.

At this point, while analysts and top banks are focused on September for the first interest rate cut, the US giant bank Morgan StanleyA statement also came from.

Accordingly, the financial giant, predicts that both the US Federal Reserve (FED) and the European Central Bank (ECB) may cut interest rates in September.

Speaking to CNBC Andrew Sheets, chief strategist at Morgan Stanley, said his forecast is based on recent economic data showing that inflation is easing.

Commenting on the ECB’s first interest rate cut after nearly five years, Andrew Sheets commented on the FED’s view that US inflation is still too high for interest rate cuts, and said that both institutions took a cautious stance.

However, the analyst argues that high inflation will decrease sufficiently by September and thinks that the decreasing inflation will necessitate interest rate cuts in September.

“We are more optimistic that both the FED and the ECB will cut interest rates in September.

It is understandable that these central banks do not want to make a definitive statement about interest rate cuts in advance.

They do not want to appear overly complacent about inflation risks.

“But we think the data that the ECB will see by September will show that inflation continues to moderate. I also think that inflation continues to fall for the Fed.”

Morgan Stanley’s interest rate forecast Bitcoin ve crypto para It has sparked discussions about the potential positive consequences for various markets, including At this point, experts are particularly concerned about the bilateral interest rate cuts of the FED and ECB. BTC ve altcoinHe thinks it will support the ongoing bull run in the future.

*This is not investment advice.