Morgan Stanley reviews the expected expectations to reduce the federal reserve rate, amid incurable uncertainty

(Reuters) – Morgan Stanley joined (MS)

The Wall Street mediation had previously said that it expected discounts at 25 -bit per second in March and June.

Goldman Sachs and Wales Fargo continues to expect interest rate discounts this year.

President Trump’s policy is expected to increase inflation and will increase pressure on the US Central Bank, as it looks to control continuous inflationary pressures.

“The imposition of definitions is more quickly than we assumed that it is possible that it means stopping inflation at a higher rate of inflation, which prevents any path in the short term to cuts,” said Morgan Stanley analysts in a memorandum on Tuesday.

They added: “Even if the definitions are avoided, we believe that its potential maintains uncertainty about PCE hyperplasia and reserves risks to the inflation of the bullish PCE.”

The data showed that the PC PC price index (PCE) for December, a preferred price scale of the Federal Reserve, was in line with the market expectations.

The Central Bank also left the interest rate in the night stage in the range of 4.25 % -4.50 % at the policy meeting in January, but the Federal Reserve Chairman Jerome Powell said that more discounts in borrowing costs now depend on more progress in reducing the dean’s inflation.

“The path of monetary policy in 2025 is still very uncertain,” he added.

(Participated in Siddage S reports in Bangaluru; editing Tesm Zahid)