Plenty of work to be done on U.S. inflation, but rate cuts are back on the table: Morgan Stanley

The U.S. CPI report came in a little softer than expectations, but this was a Fed friendly report when you look through to the underlying details, says Andrew Szczurowski, co-head of mortgage and securitized investments at Morgan Stanley Investment Management.
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[@prolific1518]

"underlying details" aka ignore housing.

[@BnMProductions11]

Rate cuts should never happen. 5-6% interest should be a baseline. Enough with this free debt, fucks everything up.

[@Relaxlifeisshort2]

Exactly correct

[@dons3073]

Their won’t be rate cuts because inflation would get worse haha

[@user-wh2dx8ro9v]

You sound like a seasoned economist. Of just some fool with a keyboard

[@sssandhu78]

There would be cuts. As these guys would keep collecting assets and ignore asset price inflation

[@user-kv4kp4co1r]

I would rather listen to Jeff Rubin for the future of interest rates. No rate cuts for sure but has strong possibility of hiking rates.