From Investing.com: 2024-05-18 04:37:46

Morgan Stanley economists analyzed recent economic data, suggesting the market is underestimating potential Fed interest rate cuts this year. The shift comes after reports showing a transition to downside surprises, though April’s CPI data aligned with expectations. Inflation figures are expected to decrease, with core PCE likely falling to 2.7% by June.



Read more at Investing.com: The market is still underestimating the number of cuts this year: Morgan Stanley By Investing.com