<p>Morgan Stanley E*Trade analyst Chris Larkin: The FOMC monetary policy meetings in July (30-31) are still far away. However, the positive US CPI data released on July 11 brought the market closer to the prospect of a Fed rate cut in September. A lingering question is whether the US stock market has already priced in the prospect of multiple Fed rate cuts</p>

<p>Morgan Stanley E*Trade analyst Chris Larkin stated that the U.S. CPI data released on July 11 favored the prospect of a rate cut by the Federal Reserve, bringing the market closer to an interest rate cut by the FOMC in September. The current question in the market is whether the U.S. stock market has already priced in the prospect of multiple rate cuts by the Federal Reserve</p>

News