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 has now given up on its contrarian stance the Federal Reserve will cut interest rates in March.

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.

A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Elon Musk's social media platform X after receiving stronger-than-expected demand from investors, Bloomberg News reported on Tuesday.

A group of Morgan Stanley-led banks is set to substantially increase a sale of loans tied to Elon Musk’s social-media platform X after receiving stronger-than-expected demand from investors, according to people with knowledge of the matter.