Categories: Economy

Morgan Stanley expects no price cuts from the Fed this yr


(Reuters) – Morgan Stanley stated on Thursday it expects the usFederal Reserve won’t lower charges this yr as a result of potential elevated inflation ranges on the again of Trump’s newest tariffs.

Trump on Wednesday imposed a ten% baseline tariff on all imports to the U.S. and better duties on dozens of different international locations.

The Wall Road brokerage had earlier anticipated a 25 foundation level lower in June.

(Reporting by Rashika Singh; Enhancing by Krishna Chandra Eluri)

admin

Recent Posts

World breathes sigh of reduction as Trump spares Fed, IMF

By Francesco Canepa, Jan Strupczewski and Leika Kihara WASHINGTON (Reuters) -International policymakers gathering in Washington…

2 hours ago

Financial institution chiefs to Reeves: Ditch ring-fencing to spice up UK financial system

The bosses of 4 of Britain’s greatest banks are secretly urging the chancellor to ditch…

4 hours ago

Cash weblog: How the meals trade is engineered to maintain you hooked on unhealthy meals | Cash Information

Hungry for cash: How the meals trade is engineered to maintain you hooked on unhealthy…

5 hours ago

Former Fed governor Warsh says US central financial institution ought to change its methods

By Francesco Canepa WASHINGTON (Reuters) -Former Federal Reserve Governor Kevin Warsh, with whom President Donald…

15 hours ago

Fed survey finds international commerce struggle, coverage uncertainty high monetary stability dangers

By Pete Schroeder and Michael S. Derby WASHINGTON (Reuters) -Rising dangers round international commerce, normal…

16 hours ago

What To Anticipate From Wednesday’s Report On Inflation

Joe Raedle / Getty Photographs A key inflation measure is prone to present client costs…

18 hours ago