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Morgan Stanley expects Fed to hold rates at September meeting

  • Morgan Stanley expects the Federal Reserve to keep interest rates unchanged in September.
  • September is the Federal Reserve gathering identified for the anticipated decision.
  • Crypto and broader financial markets await upcoming US CPI data for guidance.

Morgan Stanley said earlier today that it expects the Federal Reserve to leave interest rates unchanged at its September meeting, offering temporary relief to crypto and broader financial markets. Investors are awaiting upcoming US CPI (consumer inflation gauge) data for signals about the central bank’s potential next move and rate-hike plans.

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