Gate News: On March 17, Morgan Stanley maintained its forecast that the Federal Reserve will resume rate cuts in June and cut again in September, despite soaring oil prices prompting traders to reduce their bets on rate cuts this year. Morgan Stanley Chief U.S. Economist Michael Gapen said during a Bloomberg roundtable in New York on Monday (March 17), “We still expect action in June and September, though there is a risk of delay.” This forecast contrasts with market expectations that are quickly ruling out the possibility of rate cuts, as rising oil prices following the Iran conflict could reignite inflation and hinder the Fed’s ability to ease monetary policy. Futures tied to the Fed’s policy rate currently price in a 25 basis point cut in December, whereas last month, markets expected at least a 50 basis point cut this year. The market assigns a 60% probability of a 25 basis point cut in September. Economists at TD Securities and Barclays Bank last week both pushed back their predictions for the Fed’s next rate cut from June to September.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Arthur Hayes Predicts Bitcoin Will Reach $500K With Fed Stimulus; MicroStrategy Adds $2.54B in BTC
Hayes: Fed liquidity will lift Bitcoin amid AI-driven wage pressure; 2028 target 1M. MicroStrategy adds 34k BTC to 815k; Saylor says 7.5% stake could hit $10M per BTC.
GateNews3h ago
Bank of America Delays BOJ Rate Hike Expectations to June Amid Middle East Tensions
Gate News message, April 23 — Bank of America economists and strategists have adjusted their forecast for the Bank of Japan's next interest rate hike, now expecting the central bank to tighten monetary policy in June rather than April, citing Middle East tensions as a key factor affecting the
GateNews8h ago
White House Economic Adviser Hassett Envisions Rate Cuts Alongside Balance Sheet Reduction
Hassett says the Fed could cut rates while shrinking its balance sheet.
Gate News, April 22, quotes Hassett, director of the White House National Economic Council, who envisions the Federal Reserve cutting interest rates while reducing its balance sheet.
GateNews11h ago
USD Index Retreats 2.3% as Risk-Off Sentiment Fades and Rate-Cut Bets Intensify
Gate News message, April 22 — The U.S. dollar index has fallen approximately 2.3% from its March peak, marking its worst monthly performance since August 2025, as easing Middle East tensions reduce safe-haven demand and expectations for Federal Reserve rate cuts intensify.
Major financial
GateNews17h ago
Turkey's Central Bank Maintains Policy Rate at 37%
Gate News message, April 22 — Turkey's Central Bank held its policy rate, the one-week repo rate, steady at 37% on April 22. The overnight lending rate remained unchanged at 40%.
GateNews17h ago
71 of 103 Economists Expect Fed to Cut Rates at Least Once in 2026
Reuters survey finds 71 of 103 economists expect the Fed to cut rates at least once this year, signaling market bets on easing amid ongoing economic conditions.
Abstract: A Reuters poll of economists shows widespread expectation of at least one Federal Reserve rate cut this year, reflecting market pricing of potential monetary loosening amid persistent economic conditions.
GateNews19h ago
