Morgan Stanley Global Outlook 2025 predicts that the Fed will cut interest rates by 75 basis points in the first half of next year.

Odaily Star News: Morgan Stanley stated in its global strategic outlook for 2025 that ‘Our economists expect the Fed to cut interest rates by 75 basis points in the first half of 2025.’ Compared to the market’s implied path for Fed policy, Morgan Stanley’s research economists have a more moderate forecast. In addition, Morgan Stanley research analysts expect the yield on 10-year US Treasury bonds to decline to 3.75% by mid-2025 and remain slightly above 3.50% by the end of next year. (Jinshi)