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Gate Square New & Returning Creator Rewards are ongoing!
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Morgan Stanley just scrapped its call for a December rate cut and is now expecting three cuts in 2025 instead.
Their chief U S economist Michael Gapen says stronger payroll numbers have eased unemployment risks which pushes the timeline out.
The new outlook points to rate cuts in January April and June as the more realistic path forward. A reminder that the Fed’s next move is still data driven.
#Finance #FOMC #Economy #MarketUpdate