Morgan Stanley expects the US Federal Reserve and European Central Bank to raise interest rates further as persistent inflation and elevated oil prices complicate the monetary policy outlook. The brokerage sees additional Fed hikes this year and another ECB increase in December.
Morgan Stanley expects the US Federal Reserve and European Central Bank to raise interest rates further as persistent inflation and elevated oil prices complicate the monetary policy outlook. The brokerage sees additional Fed hikes this year and another ECB increase in December.
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