Morgan Stanley Expects Fed to Raise Rates in July Following Powell’s Speech
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Morgan Stanley predicts that the Federal Reserve will increase its interest rates at the next meeting scheduled in July. This prediction was based on Chairman Jerome Powell’s statement that the central bank has yet to end its aggressive rate hike plan. Economists also believe that the Fed may raise rates by 25 basis points due to Powell’s statement regarding the necessity for additional measures to combat inflation. [/s2If]
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