Market news
15.11.2021, 03:13

Fed unlikely to hike rates until 2023 – Morgan Stanley

Economists at Morgan Stanley believe that the US Federal Reserve (Fed) is unlikely to go for an interest rate hike any time before 2023.

Key quotes

“US central bank will end its asset purchases by the middle of next year, but won’t raise its benchmark rate from near zero until early 2023.”

“Expect inflation to moderate and participation in the labor market to show a sustained rise.”

“Expect the world’s largest economy to grow 4.6% next year, led by consumer spending and capital investment.”

Contradicting his economists, Morgan Stanley CEO James Gorman said, “money is a bit too free and available right now,” adding that Fed should “start moving” in the first quarter of 2022. 

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location