Morgan Stanley: Watch For "Excitement" At June FOMC Meeting, But No Rate HikeMark Melin
With the average expected months to a Fed rate hike, as measured by the MSMIKE index on Bloomberg now standing at 5.62, its lowest point since April of 2010, Morgan Stanley says don’t expect a rate hike in June but watch for “excitement” to accompany the June 16-17 meeting of the Federal Open Market Committee.
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