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YahooOctober 27, 2026 at 2:52 AM NY9 Hours Ago

Morgan Stanley's Michael Gapen Says Fed Is Not ‘Out Of The Water’ Even With A Hold Decision: ‘Economy Can Handle 75-100 Bps In Total Hikes’

Morgan Stanley’s chief U.S. economist Michael Gapen told CNBC that while the Federal Reserve will hold rates in October, markets should expect the policy rate to rise in the future.

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