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Morgan Stanley economist expects the Federal Reserve to cut when CPI drops to 3% range
A Morgan Stanley economist, speaking at the 2023 National Retail Federation's event in New York:
- "We see inflation coming down to about 3% by the end of 2023, and to about 2% by the end of 2024,"
- "We don't see the Fed considering reducing rates until the US reaches that 3% inflation range"
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Earlier on the Fed:
Posted: Jan 17 2023, 23:29
Author Name: forexlive
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