Morgan Stanley: Powell may indicate that even with a rate cut policy, it will still be tight

Odaily Daily Planet News, Morgan Stanley predicts that the Fed will cut interest rates by 25 basis points in consecutive meetings, and Fed Chairman Powell will elaborate on the Fed’s medium-term strategy, especially the continued anti-inflationary implications, meaning the Fed can focus on maintaining economic expansion. Powell may point out that even after the rate cut, the policy will still be tight. (IG)