Morgan Stanley Forecasts End-2026 Dollar Level, 29% Inflation

Morgan Stanley has published year-end dollar forecasts and an inflation estimate of 29% for 2026, implying extreme monetary instability. The 29% figure, if accurate, signals a severe inflationary environment that would likely force aggressive policy responses. The forecast is notable for its extremity, though the source is a translated business news report and the underlying methodology is not detailed.