Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S. Federal Reserve this year, citing uncertainty from President Donald Trump's tariff policy.

Morgan Stanley joins other banks in updating their 2023 interest rate cut forecasts, now anticipating one 25 bps reduction by the U.S. Federal Reserve due to President Donald Trump's tariff policies.

Morgan Stanley (NYSE:MS) revised its expectations for Federal Reserve rate cuts in 2025, now anticipating only one reduction in June instead of the previously forecasted two. The adjustment comes as the financial institution weighs the impact of ongoing tariff uncertainty,