#Morgan Stanley: March rate cut likely#

Morgan Stanley believes that while the recent US nonfarm payrolls report may reduce the likelihood of a Fed rate cut in the near term, the possibility of a rate cut in March remains high due to a more favorable inflation outlook. Morgan Stanley is optimistic about the inflation outlook, believing that inflation will continue to decline, providing room for the Fed to cut rates in March. While the jobs data may have some impact on the Fed's decision, Morgan Stanley believes the downward trend in inflation is more important and expects the Fed to make its final decision based on inflation data.