02/10/2023
Inflation in the U.S. seems to have finally peaked and is falling. And while the Federal Reserve just raised rates another 25 basis points, as predicted, Morgan Stanley’s economists think the Fed will hold rates steady until December 2023, and then begin trimming rates in quarter-point increments.
We believe investors shouldn't worry that a tight labor market will keep inflation higher for longer. To learn more, click the link below.
Will a tight labor market keep inflation higher for longer? Morgan Stanley’s Chief Global Economist explains why he isn’t worried that services won’t get in the way of subsiding inflation.