The Federal Reserve's interest rate cut plan has been delayed! Morgan Stanley abandons the expectation of a rate cut in 2026, what do you think? Morgan Stanley recently stated that due to stubborn inflation and strong economic performance, they have given up on their forecast of a Fed rate cut in 2026, expecting the rate cut to begin next year. Why? Because recent economic data shows that growth and the labor market remain strong, reducing the urgency for the Fed to implement easing policies. Morgan Stanley pointed out that inflation is still above the 2% target, and the Fed seems to prefer to "wait" and assess the effects of previous policy tightening and the inflation trend before making a decision. They predict that as economic growth slows and inflation pressures significantly ease, the Fed will gradually cut rates in January and March 2027.