Morgan Stanley: The Federal Reserve (FED) is unlikely to cut interest rates in the near term.

[Morgan Stanley: The Federal Reserve is unlikely to cut interest rates in the near future] Morgan Stanley analysts stated in a research report that the likelihood of the Federal Reserve cutting interest rates at the next two meetings remains low. The market's expectation of a rate cut in July rose from 8% to 20%, and the probability of a rate cut in September rose from 60% to 90%. However, analysts noted that most Federal Reserve officials support Powell's cautious stance and are unlikely to back a rate cut soon. Analysts expect the upcoming employment report to be relatively robust, with a slowdown in growth but no signs of cracks that would prompt the Federal Reserve to accelerate action.