🚨 MORGAN STANLEY DELAYS FED CUTS 🚨
🏦 Morgan Stanley just pushed back its Fed easing call — and markets are adjusting fast.
📉 Old Call: Jan & Apr cuts
📆 New Call: June & September (25 bps each)
Why? • Labor market still holding up
• Disinflation = slower, stickier
• Fed choosing patience over pressure
⏳ Translation: “Higher for longer… longer.”