Major Wall Street player just shifted gears on their Fed outlook. Morgan Stanley's latest call? They're now eyeing a 25-basis-point rate cut coming this December 2025.

That's a notable revision from their earlier stance. The timing matters too - we're talking about a potential year-end move that could ripple through risk assets. For anyone tracking macro conditions in crypto, this kind of institutional forecast shift is worth noting.

Rate cuts typically loosen financial conditions, which historically has implications for how capital flows into alternative assets. Whether Morgan Stanley nails this prediction or not, the fact that a major investment bank is penciling in easier monetary policy for late 2025 tells you something about their read on the economic landscape.

Keep this one on your radar as we move through the year.