Morgan Stanley: The Federal Reserve is still unlikely to cut interest rates in the near future

According to a report by Golden Finance, Morgan Stanley analysts stated in a research report that the possibility of the Federal Reserve cutting interest rates in the next two meetings is still low. The market's likelihood of a rate cut in July has increased from 8% to 20%, and the likelihood of a rate cut in September has increased from 60% to 90%. But analysts say that most Fed officials support Powell's cautious stance and are unlikely to support a rate cut soon. Analysts predict that the upcoming employment report will be relatively robust, although the growth rate has slowed down, there is no sign of a rift that will prompt the Federal Reserve to accelerate its actions.