【Morgan Stanley is certain: Fed will not raise rates this year, but sets two rate hike alarms】Jinse Finance报道，On June 27, Morgan Stanley maintained that the Federal Reserve will keep interest rates unchanged until the end of the year. However, the bank warned that if the unemployment rate falls below 4% or inflation remains persistently high, it could force the Fed to reconsider raising rates.

In a report to clients, Morgan Stanley Chief US Economist Michael Gapen said the data received since the June Federal Open Market Committee meeting has made him "slightly more comfortable" with his base forecast of no rate hikes. He cited reasons including falling oil prices after the US-Iran memorandum of understanding and expectations that the tariff pass-through phenomenon is about to end.