## Standard Chartered Supports JPMorgan and Morgan Stanley’s Prediction of Fed Rate Cut
### Introduction
Standard Chartered has aligned its prediction with major banks like JPMorgan and Morgan Stanley, anticipating a Fed rate cut this Wednesday. This shift in forecast comes ahead of the upcoming FOMC meeting, as reported by Reuters.
### Standard Chartered Joins Major Banks Predicting Fed Rate Cut
Standard Chartered has updated its outlook on the upcoming decision of the Fed committee, joining the ranks of JPMorgan and Morgan Stanley in anticipating an interest rate cut this Wednesday.
### Conclusion
As financial institutions closely monitor and analyze the market trends leading up to the FOMC meeting, Standard Chartered’s alignment with JPMorgan and Morgan Stanley’s forecast indicates a collective expectation of a potential Fed rate cut. Stay tuned for further updates on this developing financial matter.