Morgan Stanley Delays U.S. Interest Rate Forecast Amid Middle East Uncertainty

Morgan Stanley adjusts its forecast, postponing the anticipated U.S. Federal Reserve interest rate cut from June to September. This change follows the central bank's concerns over uncertainty related to the Middle East conflict, a decision echoed by other major brokerages such as Goldman Sachs.

Morgan Stanley has revised its forecast for the U.S. Federal Reserve's next interest rate cut, shifting the expected timing from June to September.

This decision aligns with a similar move by other major brokerages, including Goldman Sachs, reflecting heightened uncertainty amid ongoing Middle East conflicts.

The central bank's concerns underscore the volatile geopolitical landscape influencing economic predictions and financial strategies.

(With inputs from agencies.)