Morgan Stanley delays Fed rate cuts as inflation risks dominate outlook

Morgan Stanley delays Fed rate cut calls to September and December, citing inflation risks from tariffs and oil. The bank says the Fed needs more time to confirm disinflation, as markets scale back expectations for near-term easing. Morgan Stanley delays Fed rate cut calls to late 2026, citing inflation risks, tariffs, and energy shocks raising the bar for… Morgan Stanley delays Fed rate cut calls to late 2026, citing inflation risks, tariffs, and energy shocks raising the bar for easing. Morgan Stanley delays Fed rate cut calls to late 2026, citing inflation risks, tariffs, and energy shocks raising the bar for easing. Initial call is here: Morgan Stanley delays Fed rate cut outlook to September, December (from June, September) Adding more now. Summary: Morgan Stanley pushes Fed rate cut timing back to September and December Inflation concerns dominate Fed messaging, with heavy focus on oil and prices Tariff pass-through seen… For traders, releases like this can quickly shift rate expectations, currency direction, index futures and broad risk sentiment. Watch the next move in the dollar, front-end yields and index futures to see whether the market prices this release as a true surprise or only a passing headline.