This Wall Street heavyweight predicts interest rates could go even lower than markets think
1. Morgan Stanley anticipates sharper Fed rate cuts than previously expected. 2. Potential for a fed funds rate as low as 2.25% by 2026. 3. Market may not reflect the full extent of dovish rate scenarios. 4. Economists highlight recession risks affecting labor market and rates. 5. Investors advised to take long positions in U.S. Treasury bonds.