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Morgan Stanley: Fed may hike rates if unemployment falls below 4%
A report states that the American "Morgan Stanley" bank expects the Federal Reserve to keep interest rates unchanged until the end of the year, with a possibility of raising them if the unemployment rate falls below 4% or if inflation remains high. This outlook is based on recent economic data and forecasts that the personal consumption expenditures (PCE) inflation rate will reach 3.2% in the fourth quarter. The projections also indicate the addition of 50,000 to 60,000 jobs per month during the summer to maintain stability in the unemployment rate. However, if inflation persists or unemployment decreases significantly, the central bank may decide to increase interest rates.
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