Morgan Stanley strategists have a new perspective! They point out that the U.S. economy may experience a phenomenon of "jobless productivity boom," which not only helps suppress inflation but also creates conditions for the Federal Reserve to cut interest rates further. $BNB $XRP $SOL
Data shows that in Q2, all non-farm business workers in the U.S. had a year-over-year increase of 3.3% in hourly output, a significant improvement from the 1.8% YoY decline in the previous quarter. Interestingly, investors' expectations for the Fed's rate cuts next year are more aggressive than official forecast
View OriginalData shows that in Q2, all non-farm business workers in the U.S. had a year-over-year increase of 3.3% in hourly output, a significant improvement from the 1.8% YoY decline in the previous quarter. Interestingly, investors' expectations for the Fed's rate cuts next year are more aggressive than official forecast






















