Morgan Stanley

Morgan Stanley Predicts Rate Hike Near Holiday Season

Minutes from the April 28-29 Federal Reserve Open Market Committee (FOMC) committee indicate that the Fed is keeping a stiff upper lip and is unshaken regarding plans to hike interest rates, according to a Morgan Stanley report released yesterday.

Fed not shaken by poor first quarter numbers, Morgan Stanley says
The report, titled “FOMC: Resolve Stirred, Not Shaken,” notes that despite “surprisingly weak” 2015 economic data, the committee is on schedule for


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