According to online reports, Morgan Stanley analysts said in a research report that it is still unlikely that the Federal Reserve will cut interest rates at the next two meetings. The market's probability of a rate cut in July rose from 8% to 20%, and the probability of a rate cut in September rose from 60% to 90%. But analysts said most Fed officials support Powell's cautious stance and are unlikely to support a rate cut anytime soon. Analysts expect the upcoming jobs report to be relatively solid, with growth slowing but no sign of a rift that would cause the Fed to speed up its actions.