Odaily Planet Daily News: The market's expectations for the Federal Reserve to cut interest rates are increasingly high, but Morgan Stanley's London strategy team has poured a bucket of cold water. The bank warned that the real reason behind the interest rate cut may not be favorable for the stock market, and may even become a "wrong type of easing", which could trigger a chain reaction in the market. Morgan Stanley strategists predict that the future will be a combination of the first and third scenarios - where economic activity slows down but inflation rebounds. They pointed out that since 1980, the US dollar has typically weakened before interest rate cuts and continued to decline after them. The bond yield also decreased accordingly. Morgan Stanley's strategists say they expect the US dollar to hit a new low in most cases, and US bond yields will continue to decline. (Golden Ten)