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Morgan Stanley Warns of Recession, Delays Rate Cuts

Atlanta Fed Forecasts Recession | Projects a 2.8% GDP Contraction in Q1 25
Atlanta Fed Forecasts Recession | Projects a 2.8% GDP Contraction in Q1 25

After a wild ride on Wall Street this year, Morgan Stanley is bracing for a midyear recession.

Despite a strong rally in stocks following a brief tariff pause, economic data tells a more troubling story: inflation is sticky, job growth is slowing, and consumer confidence is falling fast.

Morgan Stanley now expects no more Fed rate cuts until 2026, a sharp reversal from earlier hopes.

With tariffs fueling inflation and weighing on growth, the Fed finds itself in a bind—cut rates and risk inflation or hold and risk a recession.

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