Morgan Stanley predicts that the Federal Reserve will not take preemptive action

According to BlockBeats, on May 6th, Morgan Stanley's analyst team led by Chief US Economist Michael Gapen wrote in a research report: "Given that the Federal Reserve expects inflation to remain firm and the impact of tariffs may have sustained inflationary effects, it is unlikely that the Fed will take preemptive action. (The possibility of a May rate cut is low.) Although Trump has partially relaxed tariff measures since Liberation Day on April 2nd, it has to some extent stabilized the bond and stock markets. But investors said that the overall anxiety of the market towards the subsequent developments has not dissipated. Gregory Peters, Co Chief Investment Officer of PGIM Fixed Income, which manages $837 billion in assets, said, "We advise investors to remain cautious and reduce risk