Morgan Stanley's chief U.S. economist expects U.S. inflation to peak in May or June, but says the latest CPI report will keep the Federal Reserve on the sidelines for the rest of the year. The commentary implies a delayed policy response and a more cautious outlook for rates. The remarks were made on Bloomberg Surveillance.
Morgan Stanley's chief U.S. economist expects U.S. inflation to peak in May or June, but says the latest CPI report will keep the Federal Reserve on the sidelines for the rest of the year. The commentary implies a delayed policy response and a more cautious outlook for rates. The remarks were made on Bloomberg Surveillance.
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