๐จ Morgan Stanley Forecasts "Jobless Productivity Boom" in US โ Bullish for Rate Cuts! ๐๐ค๐ฅ
#FedRateCuts #ProductivityBoom
According to Odaily, Morgan Stanley strategists are spotlighting a potential "jobless productivity boom" that could tame inflation and open the door for more aggressive Fed rate cuts in 2026. ๐ฅ
Key data: US non-farm hourly output surged +3.3% YoY in Q2 โ a massive rebound from -1.8% in Q1! ๐
While Fed officials project just ONE cut next year, the CME FedWatch tool shows investors pricing in a whopping 72% chance of a rate decrease by year-end. ๐๐
Lower rates + rising productivity = perfect storm for risk assets like crypto? ๐