Central Banks
Fed on Track to Cut in June, Morgan Stanley’s Zentner Says
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The US Federal Reserve is on track to cut interest rates in June, according to Ellen Zentner, chief US economist at Morgan Stanley.
“It’s going to be more about inflation, if the Fed were to cut as early as May,” she told Bloomberg Television on Friday. “I think the bar is very high for them to go that soon though. But I do still expect them to be ready by June.”