💡News

Morgan Stanley strategists point out that the U.S. economy may experience a "jobless productivity boom," which will suppress inflation and provide room for the Federal Reserve to cut interest rates further. Data shows that in the second quarter, non-farm business workers' hourly output increased by 3.3% year-over-year. Investors are more aggressively expecting a rate cut by the Federal Reserve next year, with a 72% probability of rate decrease by the end of the year. #美联储 #Rate Cut #Economy