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Morgan Stanley pushes back Fed rate cut forecast to September

Morgan Stanley delays its forecast for the Fed’s next rate cut to September, joining other major banks, as the central bank signals caution amid Middle East tensions.

March 19, 2026

Kanchana Chakravarty/Reuters

Morgan Stanley pushes back Fed rate cut forecast to September

FILE PHOTO: Morgan Stanley logo appears in this illustration taken December 1, 2025.

Dado Ruvic/Illustration/Reuters

Morgan Stanley on Thursday joined major brokerages like Goldman Sachs in delaying its forecast for the U.S. Federal Reserve's next interest rate cut to September from June after the central bank flagged uncertainty amid the Middle East conflict.


-Kanchana Chakravarty/Reuters

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