Bank Giants Raise Rate-Cut Forecasts as Fed Pivot Comes Into View

Morgan Stanley and Citigroup have raised their expectations for Federal Reserve rate cuts this year, joining a growing chorus on Wall Street that monetary policy is set to ease as economic momentum cools. Both banks now forecast at least 50 basis points of rate reductions in 2026, with Citigroup calling for an even deeper move. source: https://www.ethnews.com/bank-giants-raise-rate-cut-forecasts-as-fed-pivot-comes-into-view/