Morgan Stanley analysts said in the research report that it is still unlikely that the Federal Reserve will cut interest rates at the next two meetings. The market's probability of cutting interest rates in July rose from 8% to 20%, and the possibility of cutting interest rates in September rose from 60% to 90%. However, analysts said that most Federal Reserve officials support Powell's cautious stance and are unlikely to support interest rate cuts anytime soon. Analysts expect the upcoming employment report to be released to be relatively steady. Although growth is slowing down, there is no sign that there will be a rift that will allow the Federal Reserve to act faster.

Morgan Stanley analysts said in the research report that it is still unlikely that the Federal Reserve will cut interest rates at the next two meetings. The market's probability of cutting interest rates in July rose from 8% to 20%, and the possibility of cutting interest rates in September rose from 60% to 90%. However, analysts said that most Federal Reserve officials support Powell's cautious stance and are unlikely to support interest rate cuts anytime soon. Analysts expect the upcoming employment report to be released to be relatively steady. Although growth is slowing down, there is no sign that there will be a rift that will allow the Federal Reserve to act faster.