Wall St rallies as Fed's Powell nods to easing inflation after rate hike

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Morgan Stanley Reiterates View of No Hike in March, 'ample room for the data to shift Fed views'

February 1, 2023 2:27 PM EST

Morgan Stanley Reiterates View of No Hike in March

Analyst Ellen Zentner comments "Chair Powell now prepares for the Q&A at2:30PM ET, and we expect he will to drive home a hawkish message. Rates of core inflation have moved into a lower range, and wage gains... More