Morgan Stanley sees no more BOE rate hikes for the rest of the year

[ad_1] The firm sees the BOE keeping the bank rate steady at 5.25% until year-end before starting to cut rates in May 2024. They see the bank rate falling to 4.00% by the end of next year. They now join the likes of Goldman Sachs, BNP Paribas, and Barclays in making a similar call. [ad_2]

Will the Fed move interest rate expectations for the rest of the year?

[ad_1] Share: Federal Reserve is widely expected to raise its policy rate by 25 bps to 5.25-5.50%. Fed has been struggling to convince markets that they will raise rates at least twice more this year. US Dollar valuation could be significantly impacted by Chairman Powell’s comments. The Federal Reserve (Fed) is expected to