Oil Prices and Inflation Primed To Push Back Federal Reserve Rate Cuts, Says Morgan Stanley Economist

Economists at Morgan Stanley say rising oil prices and persistent inflation pressures could delay anticipated interest rate cuts from the Federal Reserve. Speaking on the firm’s “Thoughts on the Market” podcast, Chief U.S. Economist Michael Gapen says the Fed is likely to proceed cautiously, pushing expected rate cuts further into the year. “I think the […] The post Oil Prices and Inflation Primed To Push Back Federal Reserve Rate Cuts, Says Morgan Stanley Economist appeared first on The Daily Hodl.