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Morgan Stanley: The Federal Reserve's options for dealing with tariffs are limited.
Jin10 reported that in boosting the weak economy, tariffs have made the work of The Federal Reserve (FED) more difficult. Morgan Stanley analysts stated in a research report: "Firstly, The Federal Reserve (FED) may be slow to act, and secondly, its ability to offset the global shift towards protectionism is limited. This will only make things less bad. An economic downturn could lead to earlier, even faster, easing policies."