Morgan Stanley: U.S. Inflation Easing Could Heighten or Ease Interest Rate Hike Concerns

BlockBeats News, August 11th - Chris Larkin, Managing Director of Trading and Investing at Morgan Stanley E*TRADE, stated that the S&P 500 Index broke out of a two-month trading range and may face tests from inflation and geopolitical issues this week. The employment report may have eased concerns about the Fed's rate hike next month, but if this week's inflation data shows a smaller-than-expected cooling-off, the level of concern could deepen.