摩根士丹利研究关键预测-Morgan Stanley Research Key Forecasts

M Morgan Stanley Research: Key Forecasts August 11, 2025 06:38 PM GMT Next 12-Months Outlook: Our High-Conviction Calls Skewed to the Downside: In the US, employment growth is moderating faster than anticipated, and we view this as a meaningful signal in that there are downside risks to the labor market. We expect a step-up in core goods inflation this week, pushing the core CPI inflation rate for July to 3.04%y/y. Along with the July CPI, the August CPI report and payrolls report will be key for the Fed ah ...