Morgan Stanley: 50 basis points of interest rate hike is still the main market expectation, but the possibility of 25 basis points is very small

[Morgan Stanley: 50 basis points of interest rate hike is still the main market expectation, but the possibility of 25 basis points is very small] Golden Financial News, Lisa Shalett, Chief Investment Officer of Morgan Stanley Wealth Management, said that the CPI in July was higher than the previous value The highs have come off, which has eased some of the pressure on the Fed, but core inflation remains near 6% for now, three times the Fed's 2% target and far from a sustainable level. Until the federal funds rate is close to the core CPI, it will be difficult for the Fed to slow down the pace of rate hikes. A rate hike of 50 basis points is still the main market expectation, but the possibility of a 25 basis point hike is slim. The recent market rally was just a bear market rally. Against a backdrop of policy slowing economic growth, corporate profits will fall. If S&P 500 profits are down 10% to 15% over the next 12 months, the overall picture isn't too bad. (Golden Ten)

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