Morgan Stanley drops call for December Fed rate cut after strong jobs data
NeutralFinancial Markets

- Morgan Stanley has dropped its call for a December Federal Reserve rate cut after strong jobs data indicated a robust labor market, prompting a reassessment of previous expectations.
- This development is significant for Morgan Stanley as it reflects the firm's responsiveness to changing economic indicators, which can influence investment strategies and market sentiment.
- The broader context reveals a divided Wall Street regarding the Fed's potential actions, with concerns about inflation risks and mixed employment data complicating the decision
— via World Pulse Now AI Editorial System






