- Analytics
- News and Tools
- Market News
- What are expecting from today’s FOMC meeting? - Morgan Stanley
What are expecting from today’s FOMC meeting? - Morgan Stanley
The Morgan Stanley analysts expect the US Federal Open Market Committee (FOMC) to make no changes to its interest rates, but expect another 5bps IOER cut.
“We expect the FOMC to leave its target range unchanged at 2.25%- 2.50%. With increased volatility in the effective federal funds rate and a press conference following this meeting, our rates strategists look for the Fed to deliver another 5bp IOER cut. The statement gets only small adjustments to the current conditions paragraph describing the rebound in consumer spending and lower core inflation. The press conference affords Chair Powell the opportunity to respond to concerns about softer readings on inflation and offer his take on the underlying strength of the economy, as well as the Fed's current view on financial stability. He could also provide further details on the Committee's discussion of the longer-run composition of its balance sheet.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
