(Reuters) - Morgan Stanley said it now expects the U.S. Federal Reserve to start lowering interest rates from September, compared to its earlier forecast of July, while continuing to see three 25-basis-point rate cuts through the year. A reversal in key components points to disinflation ahead, but given the lack of progress in recent months it will take a bit...

The S&P 500 experienced a 1% increase on Monday, fueled by potential interest rate cuts. S&P 500 companies anticipating a 5% earnings growth from the previous year. Despite previous fluctuations, the S&P 500 has recovered significantly, nearing its all-time high with a year-to-date increase of 8.9%, bolstered by strong support around the $5000 mark and optimistic earnings forecasts. The S&P...

03:07 PM EDT, 05/07/2024 (MT Newswires) -- Minneapolis Fed President Neel Kashkari (nonvoter) wrote in an essay that the recent lack of progress on inflation may be the result of monetary policy not being as restrictive as it appears compared with the neutral rate, resulting in the FOMC needing to do more to slow demand and inflation. Later in the...

The recent rebound in U.S. immigration levels has surpassed pre-Covid-19 pandemic trends by 1.8 million. And yet, the U.S. economy avoided overheating as immigration helped stabilize wages and inflation, according to Goldman Sachs. Traditionally, immigration influences both the supply and demand sides of an economy. It affects production and consumption alike, Goldman Sachs economists Elsie Peng and David Mericle stated...