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📊 UPDATE: Morgan Stanley expects the Fed to deliver 7 rate cuts in 2026, starting in March, bringing the terminal rate down to 2.5%-2.75%.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}📊 UPDATE: Morgan Stanley expects the Fed to deliver 7 rate cuts in 2026, starting in March, bringing the terminal rate down to 2.5%-2.75%.