ICYMI - Morgan Stanley and Goldman Sachs both lowered their US economic growth forecasts ...Middle East

2025 GDP growth projections lowered to 1.5%, slashed from 1.9% previously forecast2026 to 1.2%, from 1.3%Morgan Stanley expect only one more 25bp rate cut from the Federal Open Market Committee (FOMC) in 2025, in JuneMorgan Stanley add that they expect two more rate cuts from 2026, later than the market expects

Goldman Sachs:

2025 GDP growth projection cut to 1.7%, from 2.2% expected previouslyraised its US recession probability to 20%, from 15% This article was written by Eamonn Sheridan at www.forexlive.com.

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