Morgan Stanley has revised its Federal Reserve projections, now anticipating rate cuts beginning in June, with an additional cut expected in September. This shift in the bank's outlook reflects changing expectations around inflation trends and economic growth trajectories. For market participants, these timing signals matter significantly—rate cuts typically fuel liquidity expansion and can reshape capital flows across different asset classes. The June and September timeline positions the Fed's moves around key economic data releases, suggesting the central bank is factoring in specific inflation metrics and employment figures. This monetary policy trajectory has traditionally influenced investor behavior toward alternative assets, as lower rates generally reduce the opportunity cost of holding non-yielding or lower-yielding positions. Market participants tracking Fed policy now have a clearer roadmap from one of the major banking institutions, though actual policy decisions will ultimately depend on real-time economic data.