Analysts at Morgan Stanley expect the US central bank to cut interest rates in September

NEW YORK (Reuters) – Analysts Morgan Stanley said Monday expect the Federal Reserve to lower interest rates in September and again in October.

Analysts had already forecast a single cut in October, saying the US central bank "would expect more evidence that downside risks are affecting the economy."

Morgan Stanley joins a group of investment banks, betting that the Fed 's first rate cut since 2008, at the end of last month, will mark the beginning of some measures to reduce costs. loan.

Earlier this month, Goldman Sachs said he expected a high probability of US rate cuts in September and October.

(Reuters)